28660 County Highway 145Battle LakeMN56515
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Battle Lake at 28660 County Highway 145, Battle Lake, MN, 56515 listed at $359,000 pairs $1,456/mo rent with a $1,757/mo payment. Total monthly income runs $1,456/mo. Return on cash invested measures 11.99% in year one, and rental yield registers 4.87% at a $359,000 basis. Equity gained on principal adds $2,317/yr, and annual property appreciation at 5% supports $99,185 by year five. Five-year ROI tracks 60.46% and total cumulative return in cash totals $71,947. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,456/mo property income relative to a $1,757/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56515, Battle Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,918 (100%) |
| Owner Occupied HU | 1,188 (40.7%) |
| Renter Occupied HU | 201 ( 6.9%) |
| Vacant Housing Units | 1,529 (52.4%) |
| Median Home Value | $445,498 |
| Average Home Value | $506,256 |
Housing Distribution
Address Breakdown
Residential
1,771
Single Family
1,708
Multi-Family
63
Businesses
112
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Listed by: Laurie Woessner • Boll Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6770351