5365 92nd St SEClear LakeMN55319
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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 Clear Lake at 5365 92nd St SE, Clear Lake, MN, 55319 offers a 7.06% rental yield on a $724,900 purchase with $4,262/mo rent. 73% in year one. Equity gained on principal adds $4,678/yr while 5% annual appreciation supports $200,277 over five years. Portfolio math shows five-year ROI at 96.56% and total cumulative return in cash at $230,289. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,262/mo property income against a $3,548/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
17.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55319, Clear Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,369 (100%) |
| Owner Occupied HU | 1,993 (84.1%) |
| Renter Occupied HU | 114 ( 4.8%) |
| Vacant Housing Units | 262 (11.1%) |
| Median Home Value | $384,697 |
| Average Home Value | $436,509 |
Housing Distribution
Address Breakdown
Residential
2,061
Single Family
2,044
Multi-Family
17
Businesses
61
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Listed by: Matthew J Marquette • Luke Team Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7006765