7710 Church StClear LakeMN55319
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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 Clear Lake at 7710 Church St, Clear Lake, MN, 55319 earns $296/mo cash flow from $2,263/mo rent with a $1,542/mo payment. Total monthly income totals $2,263/mo, and annual cash flow totals $3,549/yr on $104,423 capital. ROI tracks 23.31% on current figures, and rental yield reads 8.62% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 121.14% and total cumulative return in cash sums $126,497. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,263/mo property income instead of your personal income.
Single Family
Built in 2021
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55319, Clear Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,369 (100%) |
| Owner Occupied HU | 1,993 (84.1%) |
| Renter Occupied HU | 114 ( 4.8%) |
| Vacant Housing Units | 262 (11.1%) |
| Median Home Value | $384,697 |
| Average Home Value | $436,509 |
Housing Distribution
Address Breakdown
Residential
2,061
Single Family
2,044
Multi-Family
17
Businesses
61
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Listed by: Troy Felton • Keller Williams Integrity NW
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6771938