49818 Long Lake TrlBigforkMN56628
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 49818 Long Lake Trl, Bigfork, MN, 56628 in Bigfork is listed at $385,000 and delivers $2,774/mo in rent and $370/mo in net monthly cash flow. The 8.65% yield and 1.60 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $106,368 over five years, and $3,546/yr in principal reduction supplements cash return. Total projected cumulative return: $169,936.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.5% |
| Monthly Cash Flow | $370 | $900 |
City averages based on Bigfork market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,774 |
| Total Monthly Debt Service | $2,251 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2010
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56628, Bigfork, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,530 (100%) |
| Owner Occupied HU | 653 (42.7%) |
| Renter Occupied HU | 122 ( 8.0%) |
| Vacant Housing Units | 755 (49.3%) |
| Median Home Value | $311,905 |
| Average Home Value | $356,022 |
Housing Distribution
Address Breakdown
Residential
847
Single Family
811
Multi-Family
36
Businesses
47
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
Single Family
Built in 2010
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56628, Bigfork, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,530 (100%) |
| Owner Occupied HU | 653 (42.7%) |
| Renter Occupied HU | 122 ( 8.0%) |
| Vacant Housing Units | 755 (49.3%) |
| Median Home Value | $311,905 |
| Average Home Value | $356,022 |
Housing Distribution
Address Breakdown
Residential
847
Single Family
811
Multi-Family
36
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices