242 N Hunt StLake CrystalMN56055
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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 Lake Crystal at 242 N Hunt St, Lake Crystal, MN, 56055 at $195,000 posts ROI 14.02% with from $900/mo rent. Total monthly income equals $900/mo. Return on cash invested measures 14.02% and rental yield reads 5.54% at the current $195,000. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 71.34% and total cumulative return in cash totals $46,114. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $900/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1889
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56055, Lake Crystal, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,683 (100%) |
| Owner Occupied HU | 1,321 (78.5%) |
| Renter Occupied HU | 279 (16.6%) |
| Vacant Housing Units | 83 ( 4.9%) |
| Median Home Value | $286,137 |
| Average Home Value | $329,131 |
Housing Distribution
Address Breakdown
Residential
841
Single Family
769
Multi-Family
72
Businesses
71
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Listed by: Sonja Zoet • Real Broker, LLC
Mls Name: RASM
Mls Provider:
Mls ID: #7037139
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-04-13 10:16:32 PDT