139 Korby 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
Rental property for sale in Esko at 139 Korby Rd, Esko, MN, 55733 priced at $309,900 converts $2,213/mo rent into $278/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,213/mo, and annual cash flow totals $3,332/yr on $102,732 invested. Return on cash invested prints 23.15% in year one, and rental yield reads 8.57% against a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,620 by year five. Five-year ROI reaches 120.31% and total cumulative return in cash sums $123,600. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,213/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 2001
5 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: Melissa Juntunen • RE/MAX Cloquet
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118113
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.