1865 180th StCanbyMN56220
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 1865 180th St, Canby, MN, 56220 in Canby is capital appreciation. Rental yield 0%. The 0% gross yield at $415,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $114,657 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Canby market data in our database. Property projections are estimates.
Single Family
Built in 1910
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56220, Canby, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,293 (100%) |
| Owner Occupied HU | 910 (70.4%) |
| Renter Occupied HU | 219 (16.9%) |
| Vacant Housing Units | 164 (12.7%) |
| Median Home Value | $191,463 |
| Average Home Value | $240,827 |
Housing Distribution
Address Breakdown
Residential
1,297
Single Family
1,187
Multi-Family
110
Businesses
117
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1910
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56220, Canby, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,293 (100%) |
| Owner Occupied HU | 910 (70.4%) |
| Renter Occupied HU | 219 (16.9%) |
| Vacant Housing Units | 164 (12.7%) |
| Median Home Value | $191,463 |
| Average Home Value | $240,827 |
Housing Distribution
Address Breakdown
Residential
1,297
Single Family
1,187
Multi-Family
110
Businesses
117
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Dean Maeyaert • Wilson O'Brien REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6746982
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