120 Basswood AveHoldingfordMN56340
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play120 Basswood Ave, Holdingford, MN, 56340 in Holdingford is priced for appreciation, not yield. Rental yield 2.26%. At $599,900 with a 2.26% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $165,741 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.42) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $59,424.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 6.8% |
| Monthly Cash Flow | $(2,614) | $150 |
City averages based on Holdingford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,132 |
| Total Monthly Debt Service | $3,507 |
| DSCR Ratio | 0.32x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1900
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56340, Holdingford, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 858 (84.4%) |
| Renter Occupied HU | 111 (10.9%) |
| Vacant Housing Units | 48 ( 4.7%) |
| Median Home Value | $374,654 |
| Average Home Value | $423,220 |
Housing Distribution
Address Breakdown
Residential
776
Single Family
760
Multi-Family
16
Businesses
44
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 1900
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56340, Holdingford, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 858 (84.4%) |
| Renter Occupied HU | 111 (10.9%) |
| Vacant Housing Units | 48 ( 4.7%) |
| Median Home Value | $374,654 |
| Average Home Value | $423,220 |
Housing Distribution
Address Breakdown
Residential
776
Single Family
760
Multi-Family
16
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: George Fortier • Agency North Real Estate, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7011790