14627 Greenwood CirCold SpringMN56320
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 14627 Greenwood Cir, Cold Spring, MN, 56320 in Cold Spring: $4,120/mo in rent, $1,154/mo net, 10.41% gross yield, all on a $474,900 acquisition. The 1.93 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $131,206 in value, and $4,374/yr in principal paydown steadily builds equity. Projected total cumulative return: $254,501.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 7.1% |
| Monthly Cash Flow | $1,154 | $450 |
City averages based on Cold Spring market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,120 |
| Total Monthly Debt Service | $2,777 |
| DSCR Ratio | 1.48x |
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 1962
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56320, Cold Spring, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,700 (100%) |
| Owner Occupied HU | 2,774 (75.0%) |
| Renter Occupied HU | 587 (15.9%) |
| Vacant Housing Units | 339 ( 9.2%) |
| Median Home Value | $402,268 |
| Average Home Value | $553,673 |
Housing Distribution
Address Breakdown
Residential
3,456
Single Family
3,145
Multi-Family
311
Businesses
215
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 1962
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56320, Cold Spring, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,700 (100%) |
| Owner Occupied HU | 2,774 (75.0%) |
| Renter Occupied HU | 587 (15.9%) |
| Vacant Housing Units | 339 ( 9.2%) |
| Median Home Value | $402,268 |
| Average Home Value | $553,673 |
Housing Distribution
Address Breakdown
Residential
3,456
Single Family
3,145
Multi-Family
311
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peter Matanich • Premier Real Estate Services
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6818839