3557 County Road 143BarnumMN55707
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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 3557 County Road 143, Barnum, MN, 55707 listed at $220,000 pairs $1,522/mo rent with a $1,077/mo payment to leave $148/mo cash flow. Total monthly income runs $1,522/mo, and annual cash flow reaches $1,776/yr on $72,930 cash to close. Return on cash invested measures 22.34% in year one, and rental yield registers 8.3% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 115.95% and total cumulative return in cash totals $84,563. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,522/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1898
10 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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Nearby investment properties with comparable prices
Listed by: Conner Linde • Real Estate Consultants
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118681
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.