7691 Highway 5Side LakeMN55781
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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 Side Lake at 7691 Highway 5, Side Lake, MN, 55781 uses $116,025 cash to close to unlock $9,774/yr annual cash flow and $815/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,713/mo payment keeps the spread at $815/mo. Purchase price stands at $350,000, and rental yield measures 10.29% with $3,000/mo rent. Return on cash invested shows 28.33% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 148.11% and total cumulative return in cash records $171,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55781, Side Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 771 (100%) |
| Owner Occupied HU | 332 (43.1%) |
| Renter Occupied HU | 20 ( 2.6%) |
| Vacant Housing Units | 419 (54.3%) |
| Median Home Value | $369,892 |
| Average Home Value | $442,364 |
Housing Distribution
Address Breakdown
Residential
209
Single Family
209
Multi-Family
0
Businesses
16
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