18671 NE 145th StForestonMN56330
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.06% yield at 18671 NE 145th St, Foreston, MN, 56330 in Foreston is solid, but the $1,798/mo payment compresses net cash flow to $189/mo at $399,777. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $110,451 by year five, and $3,682/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.49) without U.S. income documentation. Total projected return: $163,892.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.1% |
| Monthly Cash Flow | $189 | $750 |
City averages based on Foreston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,686 |
| Total Monthly Debt Service | $2,337 |
| DSCR Ratio | 1.15x |
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 1989
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56330, Foreston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 607 (87.5%) |
| Renter Occupied HU | 51 ( 7.3%) |
| Vacant Housing Units | 36 ( 5.2%) |
| Median Home Value | $292,659 |
| Average Home Value | $330,144 |
Housing Distribution
Address Breakdown
Residential
646
Single Family
646
Multi-Family
0
Businesses
18
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 1989
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56330, Foreston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 607 (87.5%) |
| Renter Occupied HU | 51 ( 7.3%) |
| Vacant Housing Units | 36 ( 5.2%) |
| Median Home Value | $292,659 |
| Average Home Value | $330,144 |
Housing Distribution
Address Breakdown
Residential
646
Single Family
646
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices