115 4th StNashwaukMN55769
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 115 4th St, Nashwauk, MN, 55769 in Nashwauk is listed at $129,000 and delivers $1,020/mo in rent and $214/mo in net monthly cash flow. The 9.49% yield and 1.76 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $35,640 over five years, and $1,188/yr in principal reduction supplements cash return. Total projected cumulative return: $62,760.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $214 | $700 |
City averages based on Nashwauk 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 | $1,020 |
| Total Monthly Debt Service | $754 |
| DSCR Ratio | 1.35x |
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 N/A
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55769, Nashwauk, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 870 (59.0%) |
| Renter Occupied HU | 191 (12.9%) |
| Vacant Housing Units | 414 (28.1%) |
| Median Home Value | $207,692 |
| Average Home Value | $273,595 |
Housing Distribution
Address Breakdown
Residential
1,095
Single Family
1,053
Multi-Family
42
Businesses
70
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 N/A
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55769, Nashwauk, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 870 (59.0%) |
| Renter Occupied HU | 191 (12.9%) |
| Vacant Housing Units | 414 (28.1%) |
| Median Home Value | $207,692 |
| Average Home Value | $273,595 |
Housing Distribution
Address Breakdown
Residential
1,095
Single Family
1,053
Multi-Family
42
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices