18 Daisy LnBabbittMN55706
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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 Babbitt at 18 Daisy Ln, Babbitt, MN, 55706 offers $1,057/mo rent that, after a $671/mo payment, leaves $201/mo cash flow. Total monthly income is $1,057/mo, and annual cash flow is $2,413/yr on $45,416 cash. Return on cash invested measures 25.22% in year one, and rental yield stands at 9.26% at a $137,000 entry. Equity gained on principal adds $884/yr while 5% annual appreciation compounds into $37,851 by year five. Five-year ROI records 131.52% and total cumulative return in cash reaches $59,728. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,057/mo property income versus a $671/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55706, Babbitt, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,215 (100%) |
| Owner Occupied HU | 715 (58.8%) |
| Renter Occupied HU | 133 (10.9%) |
| Vacant Housing Units | 367 (30.2%) |
| Median Home Value | $114,063 |
| Average Home Value | $209,073 |
Housing Distribution
Address Breakdown
Residential
932
Single Family
885
Multi-Family
47
Businesses
59
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