113 3rd Ave NEStaplesMN56479
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 113 3rd Ave NE, Staples, MN, 56479 in Staples speaks for itself: 11.78% gross on a $179,900 price, generating $1,766/mo in rent and $643/mo in net income after the $809/mo debt service. DSCR 2.18, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,716 stacks alongside $49,703 in projected five-year appreciation and $1,657/yr in principal reduction. Projected total cumulative return: $109,666.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.2% |
| Monthly Cash Flow | $643 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,766 |
| Total Monthly Debt Service | $1,052 |
| DSCR Ratio | 1.68x |
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 1960
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56479, Staples, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,777 (100%) |
| Owner Occupied HU | 1,702 (61.3%) |
| Renter Occupied HU | 659 (23.7%) |
| Vacant Housing Units | 416 (15.0%) |
| Median Home Value | $215,813 |
| Average Home Value | $237,895 |
Housing Distribution
Address Breakdown
Residential
2,385
Single Family
2,096
Multi-Family
289
Businesses
165
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 1960
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56479, Staples, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,777 (100%) |
| Owner Occupied HU | 1,702 (61.3%) |
| Renter Occupied HU | 659 (23.7%) |
| Vacant Housing Units | 416 (15.0%) |
| Median Home Value | $215,813 |
| Average Home Value | $237,895 |
Housing Distribution
Address Breakdown
Residential
2,385
Single Family
2,096
Multi-Family
289
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices