14125 Lastovich RdGoodlandMN55742
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow14125 Lastovich Rd, Goodland, MN, 55742 in Goodland is a top-tier cash-flow asset. At $290,000 it produces $2,663/mo in rent and $852/mo in net monthly income, a 11.02% gross rental yield. The DSCR of 2.04 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $10,223. Five-year appreciation adds $80,122, driving a total cumulative return of $164,900.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 7.0% |
| Monthly Cash Flow | $852 | $350 |
City averages based on Goodland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,663 |
| Total Monthly Debt Service | $1,696 |
| DSCR Ratio | 1.57x |
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.
Home Type Unknown
Built in 1990
25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55742, Goodland, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 240 (100%) |
| Owner Occupied HU | 142 (59.2%) |
| Renter Occupied HU | 12 ( 5.0%) |
| Vacant Housing Units | 86 (35.8%) |
| Median Home Value | $275,000 |
| Average Home Value | $345,722 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
4
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
Home Type Unknown
Built in 1990
25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55742, Goodland, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 240 (100%) |
| Owner Occupied HU | 142 (59.2%) |
| Renter Occupied HU | 12 ( 5.0%) |
| Vacant Housing Units | 86 (35.8%) |
| Median Home Value | $275,000 |
| Average Home Value | $345,722 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices