555 Poplar River RdTofteMN55615
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tofte at 555 Poplar River Rd, Tofte, MN, 55615 generates $3,100/mo in rent, after a $2,457/mo payment. Total monthly income is $3,100/mo. Return on cash invested sits at 14.13% in year one, and rental yield is 7.41% on a $502,000 entry. Equity gained on principal adds $3,239/yr, while 5% annual appreciation builds toward $138,693 over five years. Five-year ROI reaches 73.94% and total cumulative return in cash sums $122,124. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,100/mo property income rather than buyer’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$782 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Michalski • Edina Realty, Inc. - Duluth
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118109
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.