3372 Pioneer RdBarnumMN55707
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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 Barnum at 3372 Pioneer Rd, Barnum, MN, 55707 offers a 5.91% rental yield on a $475,000 purchase with $2,340/mo rent. 14% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 77.32% and total cumulative return in cash at $121,747. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55707, Barnum, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,704 (100%) |
| Owner Occupied HU | 1,278 (75.0%) |
| Renter Occupied HU | 149 ( 8.7%) |
| Vacant Housing Units | 277 (16.3%) |
| Median Home Value | $300,000 |
| Average Home Value | $331,273 |
Housing Distribution
Address Breakdown
Residential
1,421
Single Family
1,396
Multi-Family
25
Businesses
54
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Listed by: Lisa Westendorf • Edina Realty, Inc. - Duluth
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6121068
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.