531 Date StMinnesota LakeMN56068
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Minnesota Lake rentals match the income profile of 531 Date St, Minnesota Lake, MN, 56068. Listed at $120,000, gross rent is $1,800/mo and net cash flow is $1,051/mo, a 18% yield well above national averages. DSCR 3.33 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $33,154 by year five with $1,105/yr in annual principal reduction, projecting $113,121 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18% | 7.0% |
| Monthly Cash Flow | $1,051 | $450 |
City averages based on Minnesota Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $702 |
| DSCR Ratio | 2.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56068, Minnesota Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 481 (100%) |
| Owner Occupied HU | 356 (74.0%) |
| Renter Occupied HU | 84 (17.5%) |
| Vacant Housing Units | 41 ( 8.5%) |
| Median Home Value | $197,917 |
| Average Home Value | $257,381 |
Housing Distribution
Address Breakdown
Residential
345
Single Family
345
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1975
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56068, Minnesota Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 481 (100%) |
| Owner Occupied HU | 356 (74.0%) |
| Renter Occupied HU | 84 (17.5%) |
| Vacant Housing Units | 41 ( 8.5%) |
| Median Home Value | $197,917 |
| Average Home Value | $257,381 |
Housing Distribution
Address Breakdown
Residential
345
Single Family
345
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A