1118 Wilson AveCrookstonMN56716
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1118 Wilson Ave, Crookston, MN, 56716 in Crookston speaks for itself: 11.91% gross on a $174,900 price, generating $1,736/mo in rent and $644/mo in net income after the $786/mo debt service. DSCR 2.21, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,731 stacks alongside $48,322 in projected five-year appreciation and $1,611/yr in principal reduction. Projected total cumulative return: $107,833.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 8.0% |
| Monthly Cash Flow | $644 | $300 |
City averages based on Crookston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,736 |
| Total Monthly Debt Service | $1,023 |
| DSCR Ratio | 1.70x |
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 1895
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56716, Crookston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,004 (100%) |
| Owner Occupied HU | 2,251 (56.2%) |
| Renter Occupied HU | 1,341 (33.5%) |
| Vacant Housing Units | 412 (10.3%) |
| Median Home Value | $222,603 |
| Average Home Value | $254,122 |
Housing Distribution
Address Breakdown
Residential
3,784
Single Family
3,146
Multi-Family
638
Businesses
378
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 1895
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56716, Crookston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,004 (100%) |
| Owner Occupied HU | 2,251 (56.2%) |
| Renter Occupied HU | 1,341 (33.5%) |
| Vacant Housing Units | 412 (10.3%) |
| Median Home Value | $222,603 |
| Average Home Value | $254,122 |
Housing Distribution
Address Breakdown
Residential
3,784
Single Family
3,146
Multi-Family
638
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices