11 Wildflower LnLutsenMN55612
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
Investment property for sale in Lutsen at 11 Wildflower Ln, Lutsen, MN, 55612 earns from $4,493/mo rent with a $5,497/mo payment. Total monthly income totals $4,493/mo. ROI tracks 12.06% on current figures, and rental yield reads 4.8% at a $1,123,000 purchase. Equity gained on principal adds $7,247/yr, and 5% annual appreciation supports $310,264 over five years. Five-year ROI reaches 60.71% and total cumulative return in cash sums $220,913. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,493/mo property income instead of your personal income.
Single Family
Built in 2006
8.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55612, Lutsen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 728 (100%) |
| Owner Occupied HU | 204 (28.0%) |
| Renter Occupied HU | 43 ( 5.9%) |
| Vacant Housing Units | 481 (66.1%) |
| Median Home Value | $420,455 |
| Average Home Value | $442,169 |
Housing Distribution
Address Breakdown
Residential
93
Single Family
93
Multi-Family
0
Businesses
42
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Nearby investment properties with comparable prices
Listed by: Inger Andress • Edina Realty, Inc. - Lutsen
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118917
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.