1111 Dorthy LnElko New MarketMN55054
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.93% yield at 1111 Dorthy Ln, Elko New Market, MN, 55054 in Elko New Market is solid, but the $1,799/mo payment compresses net cash flow to $97/mo at $400,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $110,513 by year five, and $3,684/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.47) without U.S. income documentation. Total projected return: $161,218.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.5% |
| Monthly Cash Flow | $97 | $1,250 |
City averages based on Elko New Market market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,645 |
| Total Monthly Debt Service | $2,339 |
| DSCR Ratio | 1.13x |
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 2026
3,484 sqft lot
$N/A/sqft
No HOA
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 2026
3,484 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashlee Rickert • ARC Properties
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7013094