709 Klein StMountain LakeMN56159
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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 Mountain Lake at 709 Klein St, Mountain Lake, MN, 56159 uses $59,736 cash to close to unlock $5,549/yr annual cash flow and $462/mo monthly cash flow. Total monthly income runs $1,667/mo, and a $882/mo payment keeps the spread at $462/mo. Purchase price stands at $180,200, and rental yield measures 11.1% with $1,667/mo rent. Return on cash invested shows 29.2% in year one, and 5% annual appreciation builds toward $49,786 over five years. Five-year ROI reaches 153.35% and total cumulative return in cash records $91,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,667/mo property income covering a $882/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56159, Mountain Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,102 (100%) |
| Owner Occupied HU | 749 (68.0%) |
| Renter Occupied HU | 257 (23.3%) |
| Vacant Housing Units | 96 ( 8.7%) |
| Median Home Value | $188,508 |
| Average Home Value | $241,876 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
861
Multi-Family
95
Businesses
85
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Listed by: N/A • N/A
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