For SaleGood Deal74 days on market
766 Independence Dr
766 Independence Dr, Big Lake, MN 55309, Big Lake, MN 55309
$249,900
Estimate®:$250,200$300 Under Market
Listing Price
766 Independence Dr, Big Lake, MN 55309
Loc: Big Lake, MN
Days Listed
74
Tax Assessed
$244k
Estimate®
$250k
0% Under Valued
Lot Size
1,742 sqft
Rent Estimate
$2,361/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
1.5 mi away
5
Big Lake Middle School
6-8
1.4 mi away
9
Big Lake Senior High School
9-12
1.5 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 Side2004Forced AirCentral Air2 Attached Garage spaces$352 monthly1,742 sqft74 Days$122
Haven AI Verdict
Recommendation
Good
Confidence Score: 6/10
Exercise caution due to potential market volatility.
Cap Rate
7.16%
Total ROI
114.4%
Cash Flow
$194/mo
DSCR
1.15
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $194/mo net cash flow with a 7.2% cap rate. Underwriting indicates good fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.2%)
- • 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 |
|---|---|---|---|
| 2026-08-26 | Price change | $249,900 | $122 |
| 2026-07-16 | Listed for sale | $259,900 | $127 |
| 2008-09-16 | Sold | $100,000 | $49 |
| 2007-06-05 | Sold | $171,900 | $84 |
| 2005-07-05 | Sold | $179,900 | $88 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,906 | $219,301 |
| 2024 | $2,684 | $216,467 |
| 2023 | $2,690 | $217,602 |
| 2022 | $2,532 | $209,754 |
| 2021 | $2,458 | $158,197 |
| 2020 | $2,348 | $145,444 |
| 2019 | $2,458 | $167,600 |
| 2018 | $2,348 | $162,600 |
| 2017 | $2,300 | $146,900 |
| 2016 | $2,118 | $130,600 |
| 2015 | $1,814 | $101,100 |
| 2014 | $1,814 | $96,100 |
| 2013 | $1,658 | $93,100 |
| 2012 | $1,649 | $93,100 |
| 2011 | $1,711 | $101,600 |
| 2010 | $1,674 | $132,700 |
| 2009 | $1,852 | $146,100 |
| 2008 | $2,105.63 | $165,300 |
| 2007 | $2,046 | $162,800 |
| 2006 | $488 | $37,300 |
| 2005 | $184 | $11,200 |
| 2004 | $112 | $6,600 |
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