1119 Dorthy Lane ElkoNew MarketMN55054
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 1119 Dorthy Lane Elko, New Market, MN, 55054 in New Market. Rental yield 6.08%. The 1.13 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $110,512 and $3,684/yr in principal reduction project total return of $121,437.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 6.1% |
| Monthly Cash Flow | $(521) | $850 |
City averages based on New Market market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,027 |
| Total Monthly Debt Service | $2,339 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7072270