100 2nd St NEHallockMN56728
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow100 2nd St NE, Hallock, MN, 56728 in Hallock is a solid income-producing rental, 11.08% gross yield, $1,339/mo rent, $434/mo net cash flow on a $145,000 buy. DSCR 2.05 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $40,061 and $1,335/yr in principal reduction project a total cumulative return of $82,966.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 7.5% |
| Monthly Cash Flow | $434 | $700 |
City averages based on Hallock market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,339 |
| Total Monthly Debt Service | $848 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1974
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56728, Hallock, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 668 (100%) |
| Owner Occupied HU | 416 (62.3%) |
| Renter Occupied HU | 141 (21.1%) |
| Vacant Housing Units | 111 (16.6%) |
| Median Home Value | $185,135 |
| Average Home Value | $252,067 |
Housing Distribution
Address Breakdown
Residential
383
Single Family
326
Multi-Family
57
Businesses
100
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
Single Family
Built in 1974
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56728, Hallock, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 668 (100%) |
| Owner Occupied HU | 416 (62.3%) |
| Renter Occupied HU | 141 (21.1%) |
| Vacant Housing Units | 111 (16.6%) |
| Median Home Value | $185,135 |
| Average Home Value | $252,067 |
Housing Distribution
Address Breakdown
Residential
383
Single Family
326
Multi-Family
57
Businesses
100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices