16 Superior StSoudanMN55782
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 Soudan at 16 Superior St, Soudan, MN, 55782 earns $236/mo cash flow from $1,078/mo rent with a $660/mo payment. Total monthly income totals $1,078/mo, and annual cash flow totals $2,831/yr on $44,719 capital. ROI tracks 26.24% on current figures, and rental yield reads 9.59% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Five-year ROI reaches 136.86% and total cumulative return in cash sums $61,205. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,078/mo property income instead of your personal income.
Single Family
Built in 1940
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55782, Soudan, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 242 (100%) |
| Owner Occupied HU | 154 (63.6%) |
| Renter Occupied HU | 26 (10.7%) |
| Vacant Housing Units | 62 (25.6%) |
| Median Home Value | $105,556 |
| Average Home Value | $168,636 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
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Nearby investment properties with comparable prices
Listed by: Sherry Anderson • Vermilion Land Office, Inc
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6116989
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.