5141 County Road 6Kettle RiverMN55757
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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 Kettle River at 5141 County Road 6, Kettle River, MN, 55757 generates $0/mo in rent, after a $1,708/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.69% in year one, and rental yield is 0% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
4.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55757, Kettle River, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 589 (100%) |
| Owner Occupied HU | 383 (65.0%) |
| Renter Occupied HU | 48 ( 8.1%) |
| Vacant Housing Units | 158 (26.8%) |
| Median Home Value | $257,917 |
| Average Home Value | $301,841 |
Housing Distribution
Address Breakdown
Residential
352
Single Family
344
Multi-Family
8
Businesses
13
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Desiree Chandler • Evergreen Realty LLC
Mls Name: Lake Superior Area Realtors
Mls ID: #6122657