1512 Lind RdCloquetMN55720
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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 Cloquet at 1512 Lind Rd, Cloquet, MN, 55720 at $175,000 posts ROI 50.64% with $1,486/mo cash flow from $2,579/mo rent. Total monthly income equals $2,579/mo, and annual cash flow records $17,829/yr on $58,013 to close. Return on cash invested measures 50.64% and rental yield reads 17.68% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 267.72% and total cumulative return in cash totals $155,311.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,579/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
3.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55720, Cloquet, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,398 (100%) |
| Owner Occupied HU | 5,008 (67.7%) |
| Renter Occupied HU | 1,902 (25.7%) |
| Vacant Housing Units | 488 ( 6.6%) |
| Median Home Value | $240,643 |
| Average Home Value | $286,656 |
Housing Distribution
Address Breakdown
Residential
7,214
Single Family
6,349
Multi-Family
865
Businesses
472
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