505 7th St, Madison Lake, MN, 56063 | $362/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
2227 sft

618 9th Ave SE, Waseca, MN, 56093

10 Bed
6 Bath
6283 sft

709 South Second Street, Mankato, MN, 56001

2 Bed
2 Bath
858 sft

3120 Noble Dr, Mankato, MN, 56001

2 Bed
2 Bath
872 sft

3111 Scotch Ln, Mankato, MN, 56001

Nearby investment properties with comparable prices

3 Bed
2 Bath
1152 sft

192 Kingsway Dr, North Mankato, MN, 56003

2 Bed
2 Bath
960 sft

275 Kingsway Dr, North Mankato, MN, 56003

3 Bed
2 Bath
1088 sft

226 Kingsway Dr, North Mankato, MN, 56003

3 Bed
2 Bath
1855 sft

809 S 5th St, Saint Peter, MN, 56082

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Madison Lake at 505 7th St, Madison Lake, MN, 56063 listed at $214,900 pairs $1,704/mo rent with a $1,052/mo payment to leave $362/mo cash flow. Total monthly income runs $1,704/mo, and annual cash flow reaches $4,343/yr on $71,239 cash to close. Return on cash invested measures 26% in year one, and rental yield registers 9.52% at a $214,900 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,373 by year five. Five-year ROI tracks 135.59% and total cumulative return in cash totals $96,594. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,704/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1890

6,969 sqft lot

$N/A/sqft

No HOA