6423 Bobcat Ridge 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
Investment property for sale in Cotton at 6423 Bobcat Ridge Rd, Cotton, MN, 55724 offers a 5.9% rental yield on a $644,000 purchase with $3,164/mo rent. 2% in year one. Equity gained on principal adds $4,156/yr while 5% annual appreciation supports $177,925 over five years. Portfolio math shows five-year ROI at 77.66% and total cumulative return in cash at $164,534. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,164/mo property income against a $3,152/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
3.60 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: Lisa Janisch • Janisch Realty Inc.
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6115225
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.