For SaleRisky Deal7 days on market
717 Independence Dr NW
717 Independence Dr NW, Big Lake, MN 55309, Big Lake, MN 55309
$287,500
Estimate®:$262,700
Listing Price
717 Independence Dr NW, Big Lake, MN 55309
Loc: Big Lake, MN
Days Listed
7
Estimate®
$263k
Market Rate
Lot Size
1,742 sqft
Rent Estimate
$2,309/mo
Est. Cash Flow base
Type
townhouse
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Independence Elementary School
3-5
1.4 mi away
5
Big Lake Middle School
6-8
1.3 mi away
9
Big Lake Senior High School
9-12
1.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
(TH) Side x Side2003Forced AirCentral Air2 Attached Garage spaces$352 monthly1,742 sqft7 Days$128
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.85%
Total ROI
86.1%
Cash Flow
$-89/mo
DSCR
0.94
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-89/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • Strong rental demand in Big Lake
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $287,500 | $128 |
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