40220 S Fox Lake DrFifty LakesMN56448
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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 Fifty Lakes at 40220 S Fox Lake Dr, Fifty Lakes, MN, 56448 earns from $0/mo rent with a $2,325/mo payment. Total monthly income totals $0/mo. ROI tracks -2.7% on current figures, and rental yield reads 0% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1961
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56448, Fifty Lakes, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 712 (100%) |
| Owner Occupied HU | 195 (27.4%) |
| Renter Occupied HU | 17 ( 2.4%) |
| Vacant Housing Units | 500 (70.2%) |
| Median Home Value | $450,926 |
| Average Home Value | $516,551 |
Housing Distribution
Address Breakdown
Residential
250
Single Family
250
Multi-Family
0
Businesses
9
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Listed by: Colleen Murray • RE/MAX Results - Crosslake
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6753573