8678 Interlachen RdLake ShoreMN56468
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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
Rental property for sale in Lake Shore at 8678 Interlachen Rd, Lake Shore, MN, 56468 generates $2,149/mo in rent, after a $4,038/mo payment. Total monthly income is $2,149/mo. Return on cash invested sits at 6.78% in year one, and rental yield is 3.13% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 32.51% and total cumulative return in cash sums $88,245. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,149/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.03 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56468, Nisswa, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,053 (100%) |
| Owner Occupied HU | 1,897 (46.8%) |
| Renter Occupied HU | 238 ( 5.9%) |
| Vacant Housing Units | 1,918 (47.3%) |
| Median Home Value | $558,428 |
| Average Home Value | $611,129 |
Housing Distribution
Address Breakdown
Residential
2,828
Single Family
2,820
Multi-Family
8
Businesses
252
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Listed by: Josh Klosowski • Premier Real Estate Services
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6786395