3754 Carlton StBarnumMN55707
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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 3754 Carlton St, Barnum, MN, 55707 uses $66,134 cash to close to unlock $3,236/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $1,515/mo, and a $976/mo payment keeps the spread at $270/mo. Purchase price stands at $199,500, and rental yield measures 9.11% with $1,515/mo rent. Return on cash invested shows 24.8% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 129.17% and total cumulative return in cash records $85,423. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,515/mo property income covering a $976/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.46 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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