1150 120th St SWMilanMN56262
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1150 120th St SW, Milan, MN, 56262 in Milan. At $230,000 it earns $1,682/mo in rent and distributes $246/mo to the owner after the $1,034/mo payment, a consistent 8.78% yield. DSCR 1.63 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $63,545 in value; $2,118/yr in principal paydown compounds ownership stake. Total projected return: $103,126.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.5% |
| Monthly Cash Flow | $246 | $350 |
City averages based on Milan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,682 |
| Total Monthly Debt Service | $1,345 |
| DSCR Ratio | 1.25x |
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 1927
10.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56262, Milan, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 337 (100%) |
| Owner Occupied HU | 228 (67.7%) |
| Renter Occupied HU | 56 (16.6%) |
| Vacant Housing Units | 53 (15.7%) |
| Median Home Value | $152,381 |
| Average Home Value | $235,592 |
Housing Distribution
Address Breakdown
Residential
164
Single Family
164
Multi-Family
0
Businesses
22
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 1927
10.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56262, Milan, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 337 (100%) |
| Owner Occupied HU | 228 (67.7%) |
| Renter Occupied HU | 56 (16.6%) |
| Vacant Housing Units | 53 (15.7%) |
| Median Home Value | $152,381 |
| Average Home Value | $235,592 |
Housing Distribution
Address Breakdown
Residential
164
Single Family
164
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices