5741 Highway 53 NKabetogamaMN56669
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 Kabetogama at 5741 Highway 53 N, Kabetogama, MN, 56669 generates $1,832/mo in rent and, after a $1,272/mo payment, leaves $209/mo in cash flow. Total monthly income is $1,832/mo, and annual cash flow is $2,510/yr on $86,157 invested. Return on cash invested sits at 22.82% in year one, and rental yield is 8.46% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 118.57% and total cumulative return in cash sums $102,154. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,832/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56669, Ray, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 344 (100%) |
| Owner Occupied HU | 120 (34.9%) |
| Renter Occupied HU | 25 ( 7.3%) |
| Vacant Housing Units | 199 (57.8%) |
| Median Home Value | $235,294 |
| Average Home Value | $281,708 |
Housing Distribution
Address Breakdown
Residential
186
Single Family
186
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Raymond Ingebretsen • RE/MAX Lake Country
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6115294
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.