2734 Birch River RdBabbittMN55706
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 Babbitt at 2734 Birch River Rd, Babbitt, MN, 55706 at $499,500 posts ROI 11.21% with from $1,919/mo rent. Total monthly income equals $1,919/mo. Return on cash invested measures 11.21% and rental yield reads 4.61% at the current $499,500. Equity gained on principal adds $3,223/yr, and 5% annual appreciation supports $138,003 by year five. Five-year ROI prints 56.27% and total cumulative return in cash totals $93,175. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,919/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
2.60 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anna Yahnke • Bear Island Realty LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6116586
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.