90683 115th StLyleMN55953
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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 Lyle at 90683 115th St, Lyle, MN, 55953 uses $82,610 cash to close to unlock $7,015/yr annual cash flow and $585/mo monthly cash flow. Total monthly income runs $2,141/mo, and a $1,220/mo payment keeps the spread at $585/mo. Purchase price stands at $249,200, and rental yield measures 10.31% with $2,141/mo rent. Return on cash invested shows 28.4% in year one, and 5% annual appreciation builds toward $68,849 over five years. Five-year ROI reaches 148.47% and total cumulative return in cash records $122,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,141/mo property income covering a $1,220/mo payment rather than investor’s personal income.
Single Family
Built in 1910
3.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55953, Lyle, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 404 (100%) |
| Owner Occupied HU | 304 (75.2%) |
| Renter Occupied HU | 54 (13.4%) |
| Vacant Housing Units | 46 (11.4%) |
| Median Home Value | $260,577 |
| Average Home Value | $345,181 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
251
Multi-Family
21
Businesses
20
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