232 Tew RdWrenshallMN55797
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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
Investment property for sale in Wrenshall at 232 Tew Rd, Wrenshall, MN, 55797 earns from $0/mo rent with a $5,384/mo payment. Total monthly income totals $0/mo. ROI tracks -2.76% on current figures, and rental yield reads 0% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 2004
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55797, Wrenshall, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 685 (100%) |
| Owner Occupied HU | 557 (81.3%) |
| Renter Occupied HU | 93 (13.6%) |
| Vacant Housing Units | 35 ( 5.1%) |
| Median Home Value | $254,657 |
| Average Home Value | $276,140 |
Housing Distribution
Address Breakdown
Residential
570
Single Family
570
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Darren Hansey • Edmunds Company, LLP
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6121657
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.