624 E Nathan 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
Rental property for sale in Lake Crystal at 624 E Nathan St, Lake Crystal, MN, 56055 generates $2,533/mo in rent and, after a $1,800/mo payment, leaves $217/mo in cash flow. Total monthly income is $2,533/mo, and annual cash flow is $2,604/yr on $121,893 invested. Return on cash invested sits at 22.05% in year one, and rental yield is 8.27% on a $367,700 entry. Equity gained on principal adds $2,373/yr, while 5% annual appreciation builds toward $101,589 over five years. Five-year ROI reaches 114.43% and total cumulative return in cash sums $139,479. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,533/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.29 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: Andrew Kolars • Realty Executives Associates
Mls Name: RASM
Mls Provider:
Mls ID: #7037220
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-04-22 10:27:23 PDT