137 W 5th StNewfoldenMN56738
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow137 W 5th St, Newfolden, MN, 56738 in Newfolden is a solid income-producing rental, 10.73% gross yield, $1,340/mo rent, $404/mo net cash flow on a $149,900 buy. DSCR 1.88 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $41,415 and $1,257/yr in principal reduction project a total cumulative return of $80,049.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.5% |
| Monthly Cash Flow | $404 | $450 |
City averages based on Newfolden market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,340 |
| Total Monthly Debt Service | $913 |
| DSCR Ratio | 1.47x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56738, Newfolden, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 639 (100%) |
| Owner Occupied HU | 506 (79.2%) |
| Renter Occupied HU | 76 (11.9%) |
| Vacant Housing Units | 57 ( 8.9%) |
| Median Home Value | $225,248 |
| Average Home Value | $244,783 |
Housing Distribution
Address Breakdown
Residential
501
Single Family
499
Multi-Family
2
Businesses
38
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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
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