44005 860th StLakefieldMN56150
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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 Lakefield at 44005 860th St, Lakefield, MN, 56150 earns $277/mo cash flow from $1,308/mo rent with a $808/mo payment. Total monthly income totals $1,308/mo, and annual cash flow totals $3,327/yr on $54,698 capital. ROI tracks 25.99% on current figures, and rental yield reads 9.51% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 135.6% and total cumulative return in cash sums $74,171. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,308/mo property income instead of your personal income.
Single Family
Built in 1900
2.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56150, Lakefield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,316 (100%) |
| Owner Occupied HU | 963 (73.2%) |
| Renter Occupied HU | 191 (14.5%) |
| Vacant Housing Units | 162 (12.3%) |
| Median Home Value | $165,170 |
| Average Home Value | $220,247 |
Housing Distribution
Address Breakdown
Residential
771
Single Family
730
Multi-Family
41
Businesses
101
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Nearby investment properties with comparable prices
Listed by: Sheila Freking • EXIT Realty - Great Plains
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6753988
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