606 Wabigon AveBuhlMN55713
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
Investment property for sale in Buhl at 606 Wabigon Ave, Buhl, MN, 55713 offers a 9.02% rental yield on a $169,900 purchase with $1,277/mo rent. Total monthly income registers $1,277/mo, and a $832/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,588/yr on $56,322 to close, and return on cash invested stands at 24.5% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 127.58% and total cumulative return in cash at $71,858. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,277/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1904
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55713, Buhl, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 457 (100%) |
| Owner Occupied HU | 338 (74.0%) |
| Renter Occupied HU | 77 (16.8%) |
| Vacant Housing Units | 42 ( 9.2%) |
| Median Home Value | $129,688 |
| Average Home Value | $163,269 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
Listed by: Sean McDonald • RE/MAX Results - Longville
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6120922
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.