14126 Lastovich RdGoodlandMN55742
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 14126 Lastovich Rd, Goodland, MN, 55742 in Goodland worth study. Rental yield 1.89%. The 1.89% gross yield is below cash-flow benchmarks at $849,000, but 5% annual appreciation, adding $234,563 over five years, frames this as a capital growth position. Rent of $1,338/mo partially offsets the $3,818/mo payment. Ziffy Mortgage finances appreciation-play properties (0.35 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $67,037.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.9% | 7.0% |
| Monthly Cash Flow | $(3,964) | $350 |
City averages based on Goodland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,338 |
| Total Monthly Debt Service | $4,964 |
| DSCR Ratio | 0.27x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2018
50.08 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
Single Family
Built in 2018
50.08 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
Listed by: Ann Hamann • Edge of the Wilderness Lakes & Homes
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119192
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.