36 Arthur CirSilver BayMN55614
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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 Silver Bay at 36 Arthur Cir, Silver Bay, MN, 55614 at $309,900 posts ROI 18.33% with from $1,800/mo rent. Total monthly income equals $1,800/mo. Return on cash invested measures 18.33% and rental yield reads 6.97% at the current $309,900. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 by year five. Five-year ROI prints 94.45% and total cumulative return in cash totals $97,032. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55614, Silver Bay, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,471 (100%) |
| Owner Occupied HU | 965 (65.6%) |
| Renter Occupied HU | 168 (11.4%) |
| Vacant Housing Units | 338 (23.0%) |
| Median Home Value | $216,209 |
| Average Home Value | $325,624 |
Housing Distribution
Address Breakdown
Residential
1,222
Single Family
1,179
Multi-Family
43
Businesses
74
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Listed by: Dee Furo • Legacy Real Estate Group LLC
Mls Name: Lake Superior Area Realtors
Mls ID: #6121246