4187 Blueberry TrlMountain IronMN55768
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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
Rental property for sale in Mountain Iron at 4187 Blueberry Trl, Mountain Iron, MN, 55768 priced at $675,000 pairs $3,684/mo rent with after a $3,304/mo payment. Total monthly income equals $3,684/mo. Return on cash invested is 17.19% in year one, and rental yield stands at 6.55% on a $675,000 basis. Equity gained on principal adds $4,356/yr, and 5% annual appreciation accumulates to $186,490 by year five. Five-year ROI measures 88.3% and total cumulative return in cash reaches $196,083. For financing, Ziffy Mortgage’s DSCR program evaluates $3,684/mo property income against a $3,304/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
3.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55768, Mountain Iron, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,366 (100%) |
| Owner Occupied HU | 893 (65.4%) |
| Renter Occupied HU | 377 (27.6%) |
| Vacant Housing Units | 96 ( 7.0%) |
| Median Home Value | $262,852 |
| Average Home Value | $326,092 |
Housing Distribution
Address Breakdown
Residential
1,161
Single Family
915
Multi-Family
246
Businesses
53
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Listed by: Nicole Culbert-Dahl • Culbert Realty
Mls Name: Range AOR
Mls ID: #148726