4 W Clear Lake DrCeylonMN56121
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Ceylon rentals match the income profile of 4 W Clear Lake Dr, Ceylon, MN, 56121. Listed at $142,000, gross rent is $1,481/mo and net cash flow is $594/mo, a 12.51% yield well above national averages. DSCR 2.32 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $39,232 by year five with $1,308/yr in annual principal reduction, projecting $92,121 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 6.3% |
| Monthly Cash Flow | $594 | $350 |
City averages based on Ceylon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,481 |
| Total Monthly Debt Service | $830 |
| DSCR Ratio | 1.78x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56121, Ceylon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 326 (100%) |
| Owner Occupied HU | 221 (67.8%) |
| Renter Occupied HU | 40 (12.3%) |
| Vacant Housing Units | 65 (19.9%) |
| Median Home Value | $214,474 |
| Average Home Value | $277,930 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
156
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Lot
Built in N/A
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56121, Ceylon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 326 (100%) |
| Owner Occupied HU | 221 (67.8%) |
| Renter Occupied HU | 40 (12.3%) |
| Vacant Housing Units | 65 (19.9%) |
| Median Home Value | $214,474 |
| Average Home Value | $277,930 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
156
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices