18116 Captive Lake RdGarrisonMN56450
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 18116 Captive Lake Rd, Garrison, MN, 56450 in Garrison earns a 9.48% gross yield at $357,900. Rent of $2,826/mo nets $516/mo after the $1,609/mo mortgage. The 1.76 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $98,881 and $3,296/yr in equity accumulation project a total cumulative return of $173,853.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $516 | $350 |
City averages based on Garrison market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,826 |
| Total Monthly Debt Service | $2,093 |
| DSCR Ratio | 1.35x |
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.
Townhouse
Built in 1989
2,657 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56450, Garrison, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,193 (100%) |
| Owner Occupied HU | 459 (38.5%) |
| Renter Occupied HU | 92 ( 7.7%) |
| Vacant Housing Units | 642 (53.8%) |
| Median Home Value | $372,596 |
| Average Home Value | $401,618 |
Housing Distribution
Address Breakdown
Residential
710
Single Family
710
Multi-Family
0
Businesses
75
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
Townhouse
Built in 1989
2,657 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56450, Garrison, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,193 (100%) |
| Owner Occupied HU | 459 (38.5%) |
| Renter Occupied HU | 92 ( 7.7%) |
| Vacant Housing Units | 642 (53.8%) |
| Median Home Value | $372,596 |
| Average Home Value | $401,618 |
Housing Distribution
Address Breakdown
Residential
710
Single Family
710
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices