106 2nd St NWDodge CenterMN55927
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 106 2nd St NW, Dodge Center, MN, 55927 in Dodge Center deserves attention. This $234,500 property earns $2,101/mo in rent, a 10.75% gross yield, and nets $637/mo after the $1,054/mo payment. DSCR 1.99 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $64,788 compounds alongside $2,160/yr in yearly equity build, for a total cumulative return of $130,008.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 8.0% |
| Monthly Cash Flow | $637 | $350 |
City averages based on Dodge Center market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,101 |
| Total Monthly Debt Service | $1,371 |
| DSCR Ratio | 1.53x |
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 1920
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55927, Dodge Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,663 (100%) |
| Owner Occupied HU | 1,256 (75.5%) |
| Renter Occupied HU | 311 (18.7%) |
| Vacant Housing Units | 96 ( 5.8%) |
| Median Home Value | $295,982 |
| Average Home Value | $347,697 |
Housing Distribution
Address Breakdown
Residential
1,595
Single Family
1,459
Multi-Family
136
Businesses
129
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 1920
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55927, Dodge Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,663 (100%) |
| Owner Occupied HU | 1,256 (75.5%) |
| Renter Occupied HU | 311 (18.7%) |
| Vacant Housing Units | 96 ( 5.8%) |
| Median Home Value | $295,982 |
| Average Home Value | $347,697 |
Housing Distribution
Address Breakdown
Residential
1,595
Single Family
1,459
Multi-Family
136
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Soma • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7017624