312 W Main StBattle LakeMN56515
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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 312 W Main St, Battle Lake, MN, 56515 offers a 9.14% rental yield on a $122,500 purchase with $933/mo rent. Total monthly income registers $933/mo, and a $600/mo payment leaves $168/mo available for distribution. Annual cash flow reaches $2,012/yr on $40,609 to close, and return on cash invested stands at 24.86% in year one. Equity gained on principal adds $790/yr while 5% annual appreciation supports $33,844 over five years. Portfolio math shows five-year ROI at 129.52% and total cumulative return in cash at $52,596. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $933/mo property income against a $600/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1908
0.33 Acres 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: Karen Zell Verhelst • Trilogy Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6783747