311 E Blue Earth 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
Rental property for sale in Lake Crystal at 311 E Blue Earth St, Lake Crystal, MN, 56055 priced at $114,900 converts $911/mo rent into $194/mo cash flow after a $562/mo obligation. Total monthly income equals $911/mo, and annual cash flow totals $2,327/yr on $38,089 invested. Return on cash invested prints 26.02% in year one, and rental yield reads 9.51% against a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation compiles into $31,745 by year five. Five-year ROI reaches 135.67% and total cumulative return in cash sums $51,674. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $911/mo property income covering a $562/mo payment, not borrower’s personal income.
Single Family
Built in 1890
0.37 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: Jackie Graham • True Real Estate
Mls Name: RASM
Mls ID: #7039259