115 7th Ave EHalstadMN56548
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 115 7th Ave E, Halstad, MN, 56548 in Halstad at $100,000 earns $804/mo in rent and nets $180/mo after the $450/mo payment, a 9.65% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $27,628 over five years. Ziffy Mortgage underwrites this on a 1.79 DSCR without U.S. credit history. With $921/yr in principal paydown, total projected return reaches $49,469.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 7.2% |
| Monthly Cash Flow | $180 | $400 |
City averages based on Halstad 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 | $804 |
| Total Monthly Debt Service | $585 |
| DSCR Ratio | 1.38x |
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 2011
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56548, Halstad, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 231 (63.6%) |
| Renter Occupied HU | 51 (14.0%) |
| Vacant Housing Units | 81 (22.3%) |
| Median Home Value | $165,278 |
| Average Home Value | $234,838 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
204
Multi-Family
48
Businesses
26
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 2011
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56548, Halstad, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 231 (63.6%) |
| Renter Occupied HU | 51 (14.0%) |
| Vacant Housing Units | 81 (22.3%) |
| Median Home Value | $165,278 |
| Average Home Value | $234,838 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
204
Multi-Family
48
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices