102 Oak St NVernon CenterMN56090
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $120,000, 102 Oak St N, Vernon Center, MN, 56090 in Vernon Center generates $924/mo in rent (9.24% yield) but nets only $175/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.71) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $33,154. Total projected return: $56,733.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $175 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $924 |
| Total Monthly Debt Service | $702 |
| DSCR Ratio | 1.32x |
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 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56090, Vernon Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 275 (100%) |
| Owner Occupied HU | 223 (81.1%) |
| Renter Occupied HU | 35 (12.7%) |
| Vacant Housing Units | 17 ( 6.2%) |
| Median Home Value | $357,353 |
| Average Home Value | $440,706 |
Housing Distribution
Address Breakdown
Residential
134
Single Family
134
Multi-Family
0
Businesses
12
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 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56090, Vernon Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 275 (100%) |
| Owner Occupied HU | 223 (81.1%) |
| Renter Occupied HU | 35 (12.7%) |
| Vacant Housing Units | 17 ( 6.2%) |
| Median Home Value | $357,353 |
| Average Home Value | $440,706 |
Housing Distribution
Address Breakdown
Residential
134
Single Family
134
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A