553 Lake St NSauk CentreMN56378
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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 Sauk Centre at 553 Lake St N, Sauk Centre, MN, 56378 with 5% annual appreciation on a $1,195,000 basis while $3,019/mo rent supports operations. 6% in year one. Equity gained on principal adds $7,711/yr, and five-year appreciation sums $330,156 alongside rental yield of 3.03%. Five-year ROI measures 31.44% and total cumulative return in cash totals $121,730. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,019/mo property income versus a $5,849/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56378, Sauk Centre, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,689 (100%) |
| Owner Occupied HU | 2,395 (64.9%) |
| Renter Occupied HU | 848 (23.0%) |
| Vacant Housing Units | 446 (12.1%) |
| Median Home Value | $304,271 |
| Average Home Value | $362,558 |
Housing Distribution
Address Breakdown
Residential
3,433
Single Family
3,085
Multi-Family
348
Businesses
331
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Listed by: Peter J. Nelson • Main Street Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6762666