15827 Wilderness Trl #83CrosslakeMN56442
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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 Crosslake at 15827 Wilderness Trl #83, Crosslake, MN, 56442 listed at $240,000 pairs $1,090/mo rent with a $1,175/mo payment. Total monthly income runs $1,090/mo. Return on cash invested measures 13.74% in year one, and rental yield registers 5.45% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 69.84% and total cumulative return in cash totals $55,562. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,090/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56442, Crosslake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,571 (100%) |
| Owner Occupied HU | 1,176 (32.9%) |
| Renter Occupied HU | 166 ( 4.6%) |
| Vacant Housing Units | 2,229 (62.4%) |
| Median Home Value | $676,515 |
| Average Home Value | $749,048 |
Housing Distribution
Address Breakdown
Residential
1,956
Single Family
1,809
Multi-Family
147
Businesses
201
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