814 Birch StCloquetMN55720
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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
Investment property for sale in Cloquet at 814 Birch St, Cloquet, MN, 55720 with 5% annual appreciation on a $189,900 basis while $1,453/mo rent supports operations. Total monthly income totals $1,453/mo and a $929/mo payment preserves $268/mo for cash returns. Annual cash flow comes to $3,212/yr on $62,952 deployed, and return on cash invested reaches 25.01% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 9.18%. Five-year ROI measures 130.28% and total cumulative return in cash totals $82,013.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,453/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55720, Cloquet, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,398 (100%) |
| Owner Occupied HU | 5,008 (67.7%) |
| Renter Occupied HU | 1,902 (25.7%) |
| Vacant Housing Units | 488 ( 6.6%) |
| Median Home Value | $240,643 |
| Average Home Value | $286,656 |
Housing Distribution
Address Breakdown
Residential
7,214
Single Family
6,349
Multi-Family
865
Businesses
472
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Listed by: Tom Acton • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119617
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.