637 Lindgrens ShrCrane LakeMN55725
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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 Crane Lake at 637 Lindgrens Shr, Crane Lake, MN, 55725 priced at $254,900 pairs $1,325/mo rent with after a $1,248/mo payment. Total monthly income equals $1,325/mo. Return on cash invested is 16.12% in year one, and rental yield stands at 6.24% on a $254,900 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,424 by year five. Five-year ROI measures 82.55% and total cumulative return in cash reaches $69,756. For financing, Ziffy Mortgage’s DSCR program evaluates $1,325/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55725, Crane Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 224 (100%) |
| Owner Occupied HU | 45 (20.1%) |
| Renter Occupied HU | 7 ( 3.1%) |
| Vacant Housing Units | 172 (76.8%) |
| Median Home Value | $458,333 |
| Average Home Value | $507,056 |
Housing Distribution
Address Breakdown
Residential
84
Single Family
84
Multi-Family
0
Businesses
12
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Listed by: Raymond Ingebretsen • Re/Max Lake Country
Mls Name: Range AOR
Mls ID: #148143
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.