11688 40th StBowlusMN56314
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable, bankable, and well-priced, 11688 40th St, Bowlus, MN, 56314 in Bowlus delivers $4,907/mo in gross rent and $224/mo in net monthly income at a $749,900 entry. The 7.85% yield and 1.46 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $207,184 over five years and $6,907/yr in equity from loan paydown, total projected return is $298,976.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 7.0% |
| Monthly Cash Flow | $224 | $550 |
City averages based on Bowlus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,907 |
| Total Monthly Debt Service | $4,384 |
| DSCR Ratio | 1.12x |
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 2002
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56314, Bowlus, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 455 (100%) |
| Owner Occupied HU | 378 (83.1%) |
| Renter Occupied HU | 56 (12.3%) |
| Vacant Housing Units | 21 ( 4.6%) |
| Median Home Value | $351,471 |
| Average Home Value | $393,003 |
Housing Distribution
Address Breakdown
Residential
426
Single Family
426
Multi-Family
0
Businesses
12
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 2002
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56314, Bowlus, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 455 (100%) |
| Owner Occupied HU | 378 (83.1%) |
| Renter Occupied HU | 56 (12.3%) |
| Vacant Housing Units | 21 ( 4.6%) |
| Median Home Value | $351,471 |
| Average Home Value | $393,003 |
Housing Distribution
Address Breakdown
Residential
426
Single Family
426
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices