13405 Van Buren St NEHam LakeMN55304
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.36% yield at 13405 Van Buren St NE, Ham Lake, MN, 55304 in Ham Lake is solid, but the $2,136/mo payment compresses net cash flow to $93/mo at $475,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $131,234 by year five, and $4,375/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.55) without U.S. income documentation. Total projected return: $187,358.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.5% |
| Monthly Cash Flow | $93 | $350 |
City averages based on Ham Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,310 |
| Total Monthly Debt Service | $3,027 |
| DSCR Ratio | 1.09x |
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.
Townhouse
Built in 1997
N/A lot
$N/A/sqft
$250 monthly HOA
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
Townhouse
Built in 1997
N/A lot
$N/A/sqft
$250 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices