The Somerset Plan, Shores of Eagle LakeBig LakeMN55309
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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 Big Lake at The Somerset Plan, Shores of Eagle Lake, Big Lake, MN, 55309 listed at $446,000 pairs $3,371/mo rent with a $2,183/mo payment to leave $586/mo cash flow. Total monthly income runs $3,371/mo, and annual cash flow reaches $7,031/yr on $147,849 cash to close. Return on cash invested measures 24.66% in year one, and rental yield registers 9.07% at a $446,000 basis. Equity gained on principal adds $2,878/yr, and annual property appreciation at 5% supports $123,222 by year five. Five-year ROI tracks 128.4% and total cumulative return in cash totals $189,838. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,371/mo property income relative to a $2,183/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: 55309, Big Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,064 (100%) |
| Owner Occupied HU | 6,483 (80.4%) |
| Renter Occupied HU | 1,017 (12.6%) |
| Vacant Housing Units | 564 ( 7.0%) |
| Median Home Value | $353,012 |
| Average Home Value | $388,552 |
Housing Distribution
Address Breakdown
Residential
7,870
Single Family
6,967
Multi-Family
903
Businesses
391
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