5853 Morley Beach RdCottonMN55724
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 Cotton at 5853 Morley Beach Rd, Cotton, MN, 55724 priced at $549,000 converts $1,334/mo rent into after a $2,687/mo obligation. Total monthly income equals $1,334/mo. Return on cash invested prints 6.15% in year one, and rental yield reads 2.92% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 29.08% and total cumulative return in cash sums $52,532. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,334/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in 2010
2.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55724, Cotton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 873 (100%) |
| Owner Occupied HU | 341 (39.1%) |
| Renter Occupied HU | 25 ( 2.9%) |
| Vacant Housing Units | 507 (58.1%) |
| Median Home Value | $346,622 |
| Average Home Value | $429,128 |
Housing Distribution
Address Breakdown
Residential
431
Single Family
431
Multi-Family
0
Businesses
20
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Nearby investment properties with comparable prices
Listed by: Mark Sams • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118940
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.