1251 County Road 4CloquetMN55797
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 1251 County Road 4, Cloquet, MN, 55797 in Cloquet is priced for capital growth, not immediate cash flow. The $639,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $176,793 by year five, with $5,894/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 9.0% |
| Monthly Cash Flow | $0 | $450 |
City averages based on Cloquet market data in our database. Property projections are estimates.
Single Family
Built in 2008
5.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55797, Wrenshall, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 685 (100%) |
| Owner Occupied HU | 557 (81.3%) |
| Renter Occupied HU | 93 (13.6%) |
| Vacant Housing Units | 35 ( 5.1%) |
| Median Home Value | $254,657 |
| Average Home Value | $276,140 |
Housing Distribution
Address Breakdown
Residential
570
Single Family
570
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 2008
5.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55797, Wrenshall, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 685 (100%) |
| Owner Occupied HU | 557 (81.3%) |
| Renter Occupied HU | 93 (13.6%) |
| Vacant Housing Units | 35 ( 5.1%) |
| Median Home Value | $254,657 |
| Average Home Value | $276,140 |
Housing Distribution
Address Breakdown
Residential
570
Single Family
570
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kevin Kalligher • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118764
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.