Olson 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 Olson Plan, Parkside, Clear Lake, MN, 55319 with 5% annual appreciation on a $388,900 basis while $3,455/mo rent supports operations. Total monthly income totals $3,455/mo and a $1,903/mo payment preserves $1,027/mo for cash returns. Annual cash flow comes to $12,324/yr on $128,920 deployed, and return on cash invested reaches 29.47% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,446 alongside rental yield of 10.66%. Five-year ROI measures 154.17% and total cumulative return in cash totals $198,755.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,455/mo property income versus a $1,903/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
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