135 1ST STREET SOUTH SouthLewistonMN55952
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 135 1ST STREET SOUTH South, Lewiston, MN, 55952 in Lewiston: $1,687/mo in rent, $426/mo in net income, 9.84% gross yield, 1.71 DSCR, all at $220,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $60,782 in appreciation and $2,026/yr in principal paydown projects total cumulative return of $103,334.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.2% |
| Monthly Cash Flow | $426 | $450 |
City averages based on Lewiston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,687 |
| Total Monthly Debt Service | $1,292 |
| DSCR Ratio | 1.31x |
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 1975
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55952, Lewiston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 954 (100%) |
| Owner Occupied HU | 705 (73.9%) |
| Renter Occupied HU | 204 (21.4%) |
| Vacant Housing Units | 45 ( 4.7%) |
| Median Home Value | $328,750 |
| Average Home Value | $430,897 |
Housing Distribution
Address Breakdown
Residential
848
Single Family
764
Multi-Family
84
Businesses
66
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 1975
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55952, Lewiston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 954 (100%) |
| Owner Occupied HU | 705 (73.9%) |
| Renter Occupied HU | 204 (21.4%) |
| Vacant Housing Units | 45 ( 4.7%) |
| Median Home Value | $328,750 |
| Average Home Value | $430,897 |
Housing Distribution
Address Breakdown
Residential
848
Single Family
764
Multi-Family
84
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Cisewski • Edina Realty, Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914080
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.