607 Windsong Dr #607Beaver BayMN55601
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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
Total monthly income runs $0/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -6.98% in year one, and 5% annual appreciation builds toward $165,493 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Condo
Built in 2003
871.20 sqft lot
$N/A/sqft
$700 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55601, Beaver Bay, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
74
Single Family
1
Multi-Family
0
Businesses
21
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No similar rental properties found nearby.
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Listed by: Alex Chapek • Odyssey Real Estate Group
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6120708
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.