120 Elm AveWatsonMN56295
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 120 Elm Ave, Watson, MN, 56295 in Watson fits: $169,000, 5.88% gross yield, and a projected 5% annual appreciation rate adding $46,692 in value within five years. Rental yield 5.88%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.09) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $1,557/yr in principal paydown and $46,692 in appreciation project a total return of $44,995.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.2% |
| Monthly Cash Flow | $(303) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $828 |
| Total Monthly Debt Service | $1,064 |
| DSCR Ratio | 0.78x |
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 1940
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56295, Watson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 133 (100%) |
| Owner Occupied HU | 99 (74.4%) |
| Renter Occupied HU | 27 (20.3%) |
| Vacant Housing Units | 7 ( 5.3%) |
| Median Home Value | $152,083 |
| Average Home Value | $209,495 |
Housing Distribution
Address Breakdown
Residential
109
Single Family
101
Multi-Family
8
Businesses
10
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 1940
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56295, Watson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 133 (100%) |
| Owner Occupied HU | 99 (74.4%) |
| Renter Occupied HU | 27 (20.3%) |
| Vacant Housing Units | 7 ( 5.3%) |
| Median Home Value | $152,083 |
| Average Home Value | $209,495 |
Housing Distribution
Address Breakdown
Residential
109
Single Family
101
Multi-Family
8
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joleen Marczak • Weichert REALTORS Tower Properties
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6782009
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