532X Caribou TrlLutsenMN55612
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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 Lutsen at 532X Caribou Trl, Lutsen, MN, 55612 earns from $1,878/mo rent with a $1,953/mo payment. Total monthly income totals $1,878/mo. ROI tracks 14.34% on current figures, and rental yield reads 5.65% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 73.08% and total cumulative return in cash sums $96,662. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,878/mo property income instead of your personal income.
Single Family
Built in 1958
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55612, Lutsen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 728 (100%) |
| Owner Occupied HU | 204 (28.0%) |
| Renter Occupied HU | 43 ( 5.9%) |
| Vacant Housing Units | 481 (66.1%) |
| Median Home Value | $420,455 |
| Average Home Value | $442,169 |
Housing Distribution
Address Breakdown
Residential
93
Single Family
93
Multi-Family
0
Businesses
42
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