9561 Lydia LnElko New MarketMN55020
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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 Elko New Market at 9561 Lydia Ln, Elko New Market, MN, 55020 generates $3,454/mo in rent, after a $2,724/mo payment. Total monthly income is $3,454/mo. Return on cash invested sits at 19.92% in year one, and rental yield is 7.45% on a $556,600 entry. Equity gained on principal adds $3,592/yr, while 5% annual appreciation builds toward $153,778 over five years. Five-year ROI reaches 102.95% and total cumulative return in cash sums $188,526. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,454/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55020, Elko, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,500 (100%) |
| Owner Occupied HU | 1,409 (93.9%) |
| Renter Occupied HU | 65 ( 4.3%) |
| Vacant Housing Units | 26 ( 1.7%) |
| Median Home Value | $469,749 |
| Average Home Value | $515,727 |
Housing Distribution
Address Breakdown
Residential
1,430
Single Family
1,430
Multi-Family
0
Businesses
87
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Listed by: Lennar Minnesota • Lennar Sales Corp
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7013358