619 Colodoro LnEagle LakeMN56024
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
Investment Highlights
Investment property for sale in Eagle Lake at 619 Colodoro Ln, Eagle Lake, MN, 56024 at $469,900 posts ROI 17.36% with from $2,604/mo rent. Total monthly income equals $2,604/mo. Return on cash invested measures 17.36% and rental yield reads 6.65% at the current $469,900. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 by year five. Five-year ROI prints 89.26% and total cumulative return in cash totals $139,046. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,604/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56024, Eagle Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 992 (70.1%) |
| Renter Occupied HU | 388 (27.4%) |
| Vacant Housing Units | 36 ( 2.5%) |
| Median Home Value | $341,144 |
| Average Home Value | $370,408 |
Housing Distribution
Address Breakdown
Residential
1,279
Single Family
1,173
Multi-Family
106
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: REBECCA THATE • Re/Max Advantage Plus Mankato
Mls Name: RASM
Mls ID: #7037985