23305 N Lakeshore Dr UNIT 7GlenwoodMN56334
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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 Glenwood at 23305 N Lakeshore Dr UNIT 7, Glenwood, MN, 56334 listed at $135,000 pairs $908/mo rent with a $661/mo payment. Total monthly income runs $908/mo. Return on cash invested measures 16.28% in year one, and rental yield registers 8.07% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 85.46% and total cumulative return in cash totals $38,245. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $908/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
1.08 sqft lot
$N/A/sqft
$200 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Glen Bearson • Central MN Realty LLC
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6388943
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