50 Balsam LnMadison LakeMN56063
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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 Madison Lake at 50 Balsam Ln, Madison Lake, MN, 56063 priced at $348,500 pairs $1,860/mo rent with after a $1,706/mo payment. Total monthly income equals $1,860/mo. Return on cash invested is 16.36% in year one, and rental yield stands at 6.4% on a $348,500 basis. Equity gained on principal adds $2,249/yr, and 5% annual appreciation accumulates to $96,284 by year five. Five-year ROI measures 83.99% and total cumulative return in cash reaches $97,031. For financing, Ziffy Mortgage’s DSCR program evaluates $1,860/mo property income against a $1,706/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
0.31 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Timothy Woolery • Real Broker, LLC
Mls Name: RASM
Mls Provider:
Mls ID: #7037314
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-04-30 10:04:35 PDT