314 4th Ave NBiwabikMN55708
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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 Biwabik at 314 4th Ave N, Biwabik, MN, 55708 listed at $172,500 pairs $1,554/mo rent with a $844/mo payment to leave $477/mo cash flow. Total monthly income runs $1,554/mo, and annual cash flow reaches $5,725/yr on $57,184 cash to close. Return on cash invested measures 29.92% in year one, and rental yield registers 10.81% at a $172,500 basis. Equity gained on principal adds $1,113/yr, and annual property appreciation at 5% supports $47,659 by year five. Five-year ROI tracks 156.68% and total cumulative return in cash totals $89,594. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,554/mo property income relative to a $844/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55708, Biwabik, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 484 (100%) |
| Owner Occupied HU | 355 (73.3%) |
| Renter Occupied HU | 73 (15.1%) |
| Vacant Housing Units | 56 (11.6%) |
| Median Home Value | $99,667 |
| Average Home Value | $117,282 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
46
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