144C Bridge Run Ln #144CTofteMN55615
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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
Rental property for sale in Tofte at 144C Bridge Run Ln #144C, Tofte, MN, 55615 generates $2,010/mo in rent, after a $1,419/mo payment. Total monthly income is $2,010/mo. Return on cash invested sits at 8.65% in year one, and rental yield is 8.32% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 47.56% and total cumulative return in cash sums $45,705. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,010/mo property income rather than buyer’s personal income.
Condo
Built in 1984
3,920 sqft lot
$N/A/sqft
$1,101 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Silviya Duclos • TimberWolff Realty LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6117492
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.