409 Summit Ave, Silver Lake, MN, 55381 | $288/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Silver Lake at 409 Summit Ave, Silver Lake, MN, 55381 generates $1,349/mo in rent and, after a $832/mo payment, leaves $288/mo in cash flow. Total monthly income is $1,349/mo, and annual cash flow is $3,452/yr on $56,322 invested. Return on cash invested sits at 26.04% in year one, and rental yield is 9.53% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 135.81% and total cumulative return in cash sums $76,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,349/mo property income rather than buyer’s personal income.

Single Family

Built in 1956

0.29 Acres lot

$N/A/sqft

No HOA