8821 Interlachen RdLake ShoreMN56468
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Shore at 8821 Interlachen Rd, Lake Shore, MN, 56468 listed at $1,699,750 pairs $3,811/mo rent with a $8,319/mo payment. Total monthly income runs $3,811/mo. Return on cash invested measures 5.55% in year one, and rental yield registers 2.69% at a $1,699,750 basis. Equity gained on principal adds $10,968/yr, and annual property appreciation at 5% supports $469,610 by year five. Five-year ROI tracks 25.8% and total cumulative return in cash totals $142,093. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,811/mo property income relative to a $8,319/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
1.30 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brent Anderson • RE/MAX Results - Nisswa
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6775915