101 Elm Grove LnPrinsburgMN56281
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow101 Elm Grove Ln, Prinsburg, MN, 56281 in Prinsburg is a solid income-producing rental, 10.57% gross yield, $1,630/mo rent, $474/mo net cash flow on a $185,000 buy. DSCR 1.96 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $51,112 and $1,704/yr in principal reduction project a total cumulative return of $100,769.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.0% |
| Monthly Cash Flow | $474 | $200 |
City averages based on Prinsburg market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,630 |
| Total Monthly Debt Service | $1,082 |
| DSCR Ratio | 1.51x |
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 1962
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56281, Prinsburg, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 313 (100%) |
| Owner Occupied HU | 266 (85.0%) |
| Renter Occupied HU | 34 (10.9%) |
| Vacant Housing Units | 13 ( 4.2%) |
| Median Home Value | $256,250 |
| Average Home Value | $331,964 |
Housing Distribution
Address Breakdown
Residential
239
Single Family
224
Multi-Family
15
Businesses
31
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 1962
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56281, Prinsburg, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 313 (100%) |
| Owner Occupied HU | 266 (85.0%) |
| Renter Occupied HU | 34 (10.9%) |
| Vacant Housing Units | 13 ( 4.2%) |
| Median Home Value | $256,250 |
| Average Home Value | $331,964 |
Housing Distribution
Address Breakdown
Residential
239
Single Family
224
Multi-Family
15
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices