6603 Voyageurs Tr, Biwabik, MN, 55708 | 4.95% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Biwabik at 6603 Voyageurs Tr, Biwabik, MN, 55708 offers a 4.95% rental yield on a $795,000 purchase with $3,281/mo rent. 34% in year one. Equity gained on principal adds $5,130/yr while 5% annual appreciation supports $219,644 over five years. Portfolio math shows five-year ROI at 62.28% and total cumulative return in cash at $162,898. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,281/mo property income against a $3,891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2010

4.06 Acres lot

$N/A/sqft

No 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