209 Farmdale AveLake LillianMN56253
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 209 Farmdale Ave, Lake Lillian, MN, 56253 in Lake Lillian is capital appreciation. Rental yield 0%. The 0% gross yield at $378,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $104,434 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.0% |
| Monthly Cash Flow | $0 | $450 |
City averages based on Lake Lillian market data in our database. Property projections are estimates.
Manufactured
Built in 2025
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56253, Lake Lillian, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 640 (100%) |
| Owner Occupied HU | 367 (57.3%) |
| Renter Occupied HU | 66 (10.3%) |
| Vacant Housing Units | 207 (32.3%) |
| Median Home Value | $307,333 |
| Average Home Value | $336,069 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Manufactured
Built in 2025
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56253, Lake Lillian, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 640 (100%) |
| Owner Occupied HU | 367 (57.3%) |
| Renter Occupied HU | 66 (10.3%) |
| Vacant Housing Units | 207 (32.3%) |
| Median Home Value | $307,333 |
| Average Home Value | $336,069 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7116312