2668 2nd AveRutledgeMN55795
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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 Rutledge at 2668 2nd Ave, Rutledge, MN, 55795 generates $0/mo in rent, after a $727/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.7% in year one, and rental yield is 0% on a $148,500 entry. Equity gained on principal adds $958/yr, while 5% annual appreciation builds toward $41,028 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55795, Willow River, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 978 (100%) |
| Owner Occupied HU | 540 (55.2%) |
| Renter Occupied HU | 83 ( 8.5%) |
| Vacant Housing Units | 355 (36.3%) |
| Median Home Value | $256,383 |
| Average Home Value | $302,435 |
Housing Distribution
Address Breakdown
Residential
658
Single Family
658
Multi-Family
0
Businesses
36
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No similar rental properties found nearby.
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Listed by: Lisa Westendorf • Edina Realty, Inc. - Duluth
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118210
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.