206 Pine StLucanMN56255
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lucan at 206 Pine St, Lucan, MN, 56255 at $198,000 posts ROI 30.91% with $602/mo cash flow from $1,873/mo rent. Total monthly income equals $1,873/mo, and annual cash flow records $7,221/yr on $65,637 to close. Return on cash invested measures 30.91% and rental yield reads 11.35% at the current $198,000. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 by year five. Five-year ROI prints 162.15% and total cumulative return in cash totals $106,432.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,873/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56255, Lucan, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 195 (100%) |
| Owner Occupied HU | 142 (72.8%) |
| Renter Occupied HU | 33 (16.9%) |
| Vacant Housing Units | 20 (10.3%) |
| Median Home Value | $246,429 |
| Average Home Value | $325,845 |
Housing Distribution
Address Breakdown
Residential
109
Single Family
109
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Jacobson • Minnesota Lands and Homes Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6744615
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