9011 W Shipley RdAlbornMN55702
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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 Alborn at 9011 W Shipley Rd, Alborn, MN, 55702 offers a 0% rental yield on a $590,000 purchase with $0/mo rent. 72% in year one. Equity gained on principal adds $3,807/yr while 5% annual appreciation supports $163,006 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,888/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
8 Acres lot
$N/A/sqft
No HOA
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No similar rental properties found nearby.
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Listed by: Josie Strong • My Place Realty, Inc.
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119127
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.