109 Boulder BlvdGilbertMN55741
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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 Gilbert at 109 Boulder Blvd, Gilbert, MN, 55741 offers a 0% rental yield on a $195,000 purchase with $0/mo rent. 8% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
10,454 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55741, Gilbert, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,775 (100%) |
| Owner Occupied HU | 1,247 (70.3%) |
| Renter Occupied HU | 204 (11.5%) |
| Vacant Housing Units | 324 (18.3%) |
| Median Home Value | $258,913 |
| Average Home Value | $279,970 |
Housing Distribution
Address Breakdown
Residential
977
Single Family
977
Multi-Family
0
Businesses
70
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No similar rental properties found nearby.
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Listed by: Cynthia Williams • Edina Realty, Inc. - Duluth
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118675
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.