10 Elm BlvdBabbittMN55706
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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 Babbitt at 10 Elm Blvd, Babbitt, MN, 55706 earns from $0/mo rent with a $724/mo payment. Total monthly income totals $0/mo. ROI tracks -2.69% on current figures, and rental yield reads 0% at a $148,000 purchase. Equity gained on principal adds $955/yr, and 5% annual appreciation supports $40,890 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1954
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55706, Babbitt, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,215 (100%) |
| Owner Occupied HU | 715 (58.8%) |
| Renter Occupied HU | 133 (10.9%) |
| Vacant Housing Units | 367 (30.2%) |
| Median Home Value | $114,063 |
| Average Home Value | $209,073 |
Housing Distribution
Address Breakdown
Residential
932
Single Family
885
Multi-Family
47
Businesses
59
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