20376 County Road 19LanesboroMN55949
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lanesboro at 20376 County Road 19, Lanesboro, MN, 55949 earns $1,163/mo cash flow from $3,660/mo rent with a $1,957/mo payment. Total monthly income totals $3,660/mo, and annual cash flow totals $13,958/yr on $132,567 capital. ROI tracks 30.44% on current figures, and rental yield reads 10.98% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 159.4% and total cumulative return in cash sums $211,316. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,660/mo property income instead of your personal income.
Single Family
Built in 2023
18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55949, Lanesboro, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 957 (100%) |
| Owner Occupied HU | 645 (67.4%) |
| Renter Occupied HU | 140 (14.6%) |
| Vacant Housing Units | 172 (18.0%) |
| Median Home Value | $291,923 |
| Average Home Value | $349,907 |
Housing Distribution
Address Breakdown
Residential
828
Single Family
779
Multi-Family
49
Businesses
59
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