Lincoln 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
Rental property for sale in Clear Lake at Lincoln Plan, Parkside, Clear Lake, MN, 55319 generates $3,160/mo in rent and, after a $1,796/mo payment, leaves $869/mo in cash flow. Total monthly income is $3,160/mo, and annual cash flow is $10,424/yr on $121,627 invested. Return on cash invested sits at 28.48% in year one, and rental yield is 10.34% on a $366,900 entry. Equity gained on principal adds $2,368/yr, while 5% annual appreciation builds toward $101,368 over five years. Five-year ROI reaches 148.88% and total cumulative return in cash sums $181,084. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,160/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
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