318 Wolf Pointe TrlLong LakeMN55356
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 Long Lake at 318 Wolf Pointe Trl, Long Lake, MN, 55356 with 5% annual appreciation on a $1,025,000 basis while $6,258/mo rent supports operations. 49% in year one. Equity gained on principal adds $6,614/yr, and five-year appreciation sums $283,189 alongside rental yield of 7.33%. Five-year ROI measures 100.69% and total cumulative return in cash totals $334,384. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,258/mo property income versus a $5,017/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.46 Acres lot
$N/A/sqft
$102 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55356, Long Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,401 (100%) |
| Owner Occupied HU | 1,816 (75.6%) |
| Renter Occupied HU | 403 (16.8%) |
| Vacant Housing Units | 182 ( 7.6%) |
| Median Home Value | $821,163 |
| Average Home Value | $955,650 |
Housing Distribution
Address Breakdown
Residential
2,418
Single Family
2,164
Multi-Family
254
Businesses
277
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Nearby investment properties with comparable prices
Listed by: Emily Olson • Redfin Corporation
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6599334
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