22359 Gull Lake DrNisswaMN56468
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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 Nisswa at 22359 Gull Lake Dr, Nisswa, MN, 56468 offers a 3.78% rental yield on a $1,345,000 purchase with $4,240/mo rent. 92% in year one. Equity gained on principal adds $8,679/yr while 5% annual appreciation supports $371,599 over five years. Portfolio math shows five-year ROI at 43.88% and total cumulative return in cash at $191,228. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,240/mo property income against a $6,583/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56468, Nisswa, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,053 (100%) |
| Owner Occupied HU | 1,897 (46.8%) |
| Renter Occupied HU | 238 ( 5.9%) |
| Vacant Housing Units | 1,918 (47.3%) |
| Median Home Value | $558,428 |
| Average Home Value | $611,129 |
Housing Distribution
Address Breakdown
Residential
2,828
Single Family
2,820
Multi-Family
8
Businesses
252
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