655 Lakeshore DrOrtonvilleMN56278
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 Ortonville at 655 Lakeshore Dr, Ortonville, MN, 56278 earns $206/mo cash flow from $1,237/mo rent with a $808/mo payment. Total monthly income totals $1,237/mo, and annual cash flow totals $2,475/yr on $54,698 capital. ROI tracks 24.43% on current figures, and rental yield reads 9% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 127.22% and total cumulative return in cash sums $69,587. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,237/mo property income instead of your personal income.
Single Family
Built in 1925
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56278, Ortonville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,537 (100%) |
| Owner Occupied HU | 817 (53.2%) |
| Renter Occupied HU | 324 (21.1%) |
| Vacant Housing Units | 396 (25.8%) |
| Median Home Value | $173,476 |
| Average Home Value | $222,632 |
Housing Distribution
Address Breakdown
Residential
1,275
Single Family
1,135
Multi-Family
140
Businesses
189
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Nearby investment properties with comparable prices
Listed by: Jonathan Hartman • Shady Oak Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6598633
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