776 E Prince StLake CrystalMN56055
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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 Lake Crystal at 776 E Prince St, Lake Crystal, MN, 56055 with 5% annual appreciation on a $219,900 basis while $1,721/mo rent supports operations. Total monthly income totals $1,721/mo and a $1,076/mo payment preserves $348/mo for cash returns. Annual cash flow comes to $4,178/yr on $72,897 deployed, and return on cash invested reaches 25.64% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 9.39%. Five-year ROI measures 133.71% and total cumulative return in cash totals $97,468.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,721/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56055, Lake Crystal, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,683 (100%) |
| Owner Occupied HU | 1,321 (78.5%) |
| Renter Occupied HU | 279 (16.6%) |
| Vacant Housing Units | 83 ( 4.9%) |
| Median Home Value | $286,137 |
| Average Home Value | $329,131 |
Housing Distribution
Address Breakdown
Residential
841
Single Family
769
Multi-Family
72
Businesses
71
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Listed by: Bruce Tanhoff • True Real Estate
Mls Name: RASM
Mls ID: #7039178