7230 County Highway 8FinlandMN55603
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 Finland at 7230 County Highway 8, Finland, MN, 55603 uses $74,588 cash to close to unlock $1,215/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $1,506/mo, and a $1,101/mo payment keeps the spread at $101/mo. Purchase price stands at $225,000, and rental yield measures 8.03% with $1,506/mo rent. Return on cash invested shows 21.54% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 111.7% and total cumulative return in cash records $83,313. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,506/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 2021
26.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55603, Finland, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 455 (100%) |
| Owner Occupied HU | 249 (54.7%) |
| Renter Occupied HU | 11 ( 2.4%) |
| Vacant Housing Units | 195 (42.9%) |
| Median Home Value | $357,273 |
| Average Home Value | $436,064 |
Housing Distribution
Address Breakdown
Residential
165
Single Family
165
Multi-Family
0
Businesses
26
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Nearby investment properties with comparable prices
Listed by: John Oberholtzer • TimberWolff Realty LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6117872
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.