801 E Lake StLake st eMN56360
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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 st e at 801 E Lake St, Lake st e, MN, 56360 with 5% annual appreciation on a $299,900 basis while $1,369/mo rent supports operations. 83% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 5.48%. Five-year ROI measures 70.35% and total cumulative return in cash totals $69,940. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,369/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1995
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56360, Osakis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,701 (100%) |
| Owner Occupied HU | 1,453 (53.8%) |
| Renter Occupied HU | 315 (11.7%) |
| Vacant Housing Units | 933 (34.5%) |
| Median Home Value | $307,944 |
| Average Home Value | $348,918 |
Housing Distribution
Address Breakdown
Residential
1,725
Single Family
1,610
Multi-Family
115
Businesses
98
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