47213 800th 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
Rental property for sale in Lakefield at 47213 800th St, Lakefield, MN, 56150 generates $1,502/mo in rent and, after a $905/mo payment, leaves $347/mo in cash flow. Total monthly income is $1,502/mo, and annual cash flow is $4,167/yr on $61,328 invested. Return on cash invested sits at 26.7% in year one, and rental yield is 9.74% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 139.42% and total cumulative return in cash sums $85,503. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,502/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
5.69 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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