35399 County Road 4Lake GeorgeMN56458
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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 George at 35399 County Road 4, Lake George, MN, 56458 listed at $279,900 pairs $0/mo rent with a $1,370/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.7% in year one, and rental yield registers 0% at a $279,900 basis. Equity gained on principal adds $1,806/yr, and annual property appreciation at 5% supports $77,331 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56458, Lake George, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 290 (100%) |
| Owner Occupied HU | 155 (53.4%) |
| Renter Occupied HU | 13 ( 4.5%) |
| Vacant Housing Units | 122 (42.1%) |
| Median Home Value | $403,409 |
| Average Home Value | $409,048 |
Housing Distribution
Address Breakdown
Residential
136
Single Family
136
Multi-Family
0
Businesses
12
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Listed by: Kristine Walsh • Dane Arthur Real Estate Agency-Park Rapids
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6783748