120 Morse St NNyaMN55368
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowA DSCR of 2.04 makes 120 Morse St N, Nya, MN, 55368 in Nya one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 11.01%. The 11.01% yield, 5% annual appreciation ($40,061 over five years), and $1,335/yr in principal reduction project a total cumulative return of $55,090.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.0% |
| Monthly Cash Flow | $(30) | $350 |
City averages based on Nya market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,331 |
| Total Monthly Debt Service | $1,304 |
| DSCR Ratio | 1.02x |
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.
Multi Family
Built in 1920
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55368, Norwood, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 967 (100%) |
| Owner Occupied HU | 630 (65.1%) |
| Renter Occupied HU | 288 (29.8%) |
| Vacant Housing Units | 49 ( 5.1%) |
| Median Home Value | $391,241 |
| Average Home Value | $514,389 |
Housing Distribution
Address Breakdown
Residential
935
Single Family
749
Multi-Family
186
Businesses
108
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
Multi Family
Built in 1920
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55368, Norwood, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 967 (100%) |
| Owner Occupied HU | 630 (65.1%) |
| Renter Occupied HU | 288 (29.8%) |
| Vacant Housing Units | 49 ( 5.1%) |
| Median Home Value | $391,241 |
| Average Home Value | $514,389 |
Housing Distribution
Address Breakdown
Residential
935
Single Family
749
Multi-Family
186
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices