38675 Wagon Trail LoopBattle LakeMN56515
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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 Battle Lake at 38675 Wagon Trail Loop, Battle Lake, MN, 56515 listed at $979,000 pairs $2,002/mo rent with a $4,792/mo payment. Total monthly income runs $2,002/mo. Return on cash invested measures 4.74% in year one, and rental yield registers 2.45% at a $979,000 basis. Equity gained on principal adds $6,317/yr, and annual property appreciation at 5% supports $270,480 by year five. Five-year ROI tracks 21.55% and total cumulative return in cash totals $69,418. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,002/mo property income relative to a $4,792/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
0.43 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: Laurie Woessner • Boll Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6779236