Floyd Plan, ParksideClear LakeMN55319
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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 Clear Lake at Floyd Plan, Parkside, Clear Lake, MN, 55319 listed at $338,900 pairs $2,900/mo rent with a $1,659/mo payment to leave $783/mo cash flow. Total monthly income runs $2,900/mo, and annual cash flow reaches $9,402/yr on $112,345 cash to close. Return on cash invested measures 28.28% in year one, and rental yield registers 10.27% at a $338,900 basis. Equity gained on principal adds $2,187/yr, and annual property appreciation at 5% supports $93,632 by year five. Five-year ROI tracks 147.81% and total cumulative return in cash totals $166,053. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,900/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55319, Clear Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,369 (100%) |
| Owner Occupied HU | 1,993 (84.1%) |
| Renter Occupied HU | 114 ( 4.8%) |
| Vacant Housing Units | 262 (11.1%) |
| Median Home Value | $384,697 |
| Average Home Value | $436,509 |
Housing Distribution
Address Breakdown
Residential
2,061
Single Family
2,044
Multi-Family
17
Businesses
61
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Listed by: N/A • LGI Homes
Mls Name: LGI Homes
Mls Provider:
Mls ID: #N/A