5610 Highway 27Kettle 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
Investment property for sale in Kettle River at 5610 Highway 27, Kettle River, MN, 55757 offers a 0% rental yield on a $495,000 purchase with $0/mo rent. 7% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
42.34 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.
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Listed by: Abby Kahara • Think Minnesota Realty LLC
Mls Name: Lake Superior Area Realtors
Mls ID: #6121373