5935 Voyageurs TrlBiwabikMN55708
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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 Biwabik at 5935 Voyageurs Trl, Biwabik, MN, 55708 uses $194,077 cash to close to unlock $12,534/yr annual cash flow and $1,044/mo monthly cash flow. Total monthly income runs $5,352/mo, and a $2,887/mo payment keeps the spread at $1,044/mo. Purchase price stands at $589,900, and rental yield measures 10.89% with $5,352/mo rent. Return on cash invested shows 26.52% in year one, and 5% annual appreciation builds toward $162,978 over five years. Five-year ROI reaches 139.73% and total cumulative return in cash records $271,185. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,352/mo property income covering a $2,887/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.92 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55708, Biwabik, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 484 (100%) |
| Owner Occupied HU | 355 (73.3%) |
| Renter Occupied HU | 73 (15.1%) |
| Vacant Housing Units | 56 (11.6%) |
| Median Home Value | $99,667 |
| Average Home Value | $117,282 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
46
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Listed by: James Marx • Mirabella Realty
Mls Name: Range AOR
Mls ID: #147745
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