550 S Murphy StLake CrystalMN56055
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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 Lake Crystal at 550 S Murphy St, Lake Crystal, MN, 56055 uses $109,362 cash to close to unlock $428/yr annual cash flow and $36/mo monthly cash flow. Total monthly income runs $2,096/mo, and a $1,615/mo payment keeps the spread at $36/mo. Purchase price stands at $329,900, and rental yield measures 7.62% with $2,096/mo rent. Return on cash invested shows 20.3% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 105.01% and total cumulative return in cash records $114,843. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,096/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2017
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56055, Lake Crystal, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,683 (100%) |
| Owner Occupied HU | 1,321 (78.5%) |
| Renter Occupied HU | 279 (16.6%) |
| Vacant Housing Units | 83 ( 4.9%) |
| Median Home Value | $286,137 |
| Average Home Value | $329,131 |
Housing Distribution
Address Breakdown
Residential
841
Single Family
769
Multi-Family
72
Businesses
71
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Listed by: Jackie Graham • True Real Estate
Mls Name: RASM
Mls ID: #7039192