104 2nd St NSabinMN56580
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow104 2nd St N, Sabin, MN, 56580 in Sabin is a top-tier cash-flow asset. At $295,000 it produces $2,464/mo in rent and $621/mo in net monthly income, a 10.02% gross rental yield. The DSCR of 1.86 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $7,458. Five-year appreciation adds $81,503, driving a total cumulative return of $151,914.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 7.0% |
| Monthly Cash Flow | $621 | $350 |
City averages based on Sabin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,464 |
| Total Monthly Debt Service | $1,725 |
| DSCR Ratio | 1.43x |
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 1904
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56580, Sabin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 495 (100%) |
| Owner Occupied HU | 441 (89.1%) |
| Renter Occupied HU | 33 ( 6.7%) |
| Vacant Housing Units | 21 ( 4.2%) |
| Median Home Value | $346,000 |
| Average Home Value | $390,533 |
Housing Distribution
Address Breakdown
Residential
372
Single Family
372
Multi-Family
0
Businesses
46
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 1904
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56580, Sabin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 495 (100%) |
| Owner Occupied HU | 441 (89.1%) |
| Renter Occupied HU | 33 ( 6.7%) |
| Vacant Housing Units | 21 ( 4.2%) |
| Median Home Value | $346,000 |
| Average Home Value | $390,533 |
Housing Distribution
Address Breakdown
Residential
372
Single Family
372
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices