138 W Harney RdEskoMN55733
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 Esko at 138 W Harney Rd, Esko, MN, 55733 uses $192,432 cash to close to unlock $6,617/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $4,204/mo, and a $2,863/mo payment keeps the spread at $551/mo. Purchase price stands at $584,900, and rental yield measures 8.63% with $4,204/mo rent. Return on cash invested shows 23.5% in year one, and 5% annual appreciation builds toward $161,597 over five years. Five-year ROI reaches 122.14% and total cumulative return in cash records $235,031. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,204/mo property income covering a $2,863/mo payment rather than investor’s personal income.
Single Family
Built in 2007
4.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55733, Esko, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,053 (100%) |
| Owner Occupied HU | 1,883 (91.7%) |
| Renter Occupied HU | 118 ( 5.7%) |
| Vacant Housing Units | 52 ( 2.5%) |
| Median Home Value | $355,523 |
| Average Home Value | $379,914 |
Housing Distribution
Address Breakdown
Residential
1,808
Single Family
1,786
Multi-Family
22
Businesses
84
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Nearby investment properties with comparable prices
Listed by: Jody Mattinen • Adolphson Real Estate - Cloquet
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118768
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.