37502 State Highway 210Battle 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
Rental property for sale in Battle Lake at 37502 State Highway 210, Battle Lake, MN, 56515 generates $2,851/mo in rent and, after a $1,517/mo payment, leaves $916/mo in cash flow. Total monthly income is $2,851/mo, and annual cash flow is $10,986/yr on $102,765 invested. Return on cash invested sits at 30.6% in year one, and rental yield is 11.04% on a $309,999 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 160.26% and total cumulative return in cash sums $164,695. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,851/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
2.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel W Ness • Century 21 Atwood
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6611846
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-19 06:26:18 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_28) By searching Northstar MLS listings you agree to the [Northstar MLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)