17558 180th LnMc GrathMN56350
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 17558 180th Ln, Mc Grath, MN, 56350 in Mc Grath at $299,900. Rental yield 6.67%. The 6.67% yield and 1.24 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $82,857 by year five, and $2,762/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $100,627.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 8.0% |
| Monthly Cash Flow | $(205) | $400 |
City averages based on Mc Grath market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,668 |
| Total Monthly Debt Service | $1,753 |
| DSCR Ratio | 0.95x |
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 1972
45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56350, Mc Grath, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 202 (47.9%) |
| Renter Occupied HU | 16 ( 3.8%) |
| Vacant Housing Units | 204 (48.3%) |
| Median Home Value | $304,255 |
| Average Home Value | $349,728 |
Housing Distribution
Address Breakdown
Residential
266
Single Family
266
Multi-Family
0
Businesses
14
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 1972
45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56350, Mc Grath, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 202 (47.9%) |
| Renter Occupied HU | 16 ( 3.8%) |
| Vacant Housing Units | 204 (48.3%) |
| Median Home Value | $304,255 |
| Average Home Value | $349,728 |
Housing Distribution
Address Breakdown
Residential
266
Single Family
266
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chuck Carstensen • Re/max Results- Elk River
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119290
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.