6505 Grondahl RdBrimsonMN55602
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play6505 Grondahl Rd, Brimson, MN, 55602 in Brimson is priced for appreciation, not yield. Rental yield 0%. At $269,900 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $74,568 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $400 |
City averages based on Brimson market data in our database. Property projections are estimates.
Single Family
Built in 1979
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55602, Brimson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 121 (27.9%) |
| Renter Occupied HU | 7 ( 1.6%) |
| Vacant Housing Units | 306 (70.5%) |
| Median Home Value | $354,348 |
| Average Home Value | $411,818 |
Housing Distribution
Address Breakdown
Residential
194
Single Family
194
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1979
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55602, Brimson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 121 (27.9%) |
| Renter Occupied HU | 7 ( 1.6%) |
| Vacant Housing Units | 306 (70.5%) |
| Median Home Value | $354,348 |
| Average Home Value | $411,818 |
Housing Distribution
Address Breakdown
Residential
194
Single Family
194
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Dee Furo • Legacy Real Estate Group LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118788
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.