188 Main StRollingstoneMN55969
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 188 Main St, Rollingstone, MN, 55969 in Rollingstone worth modelling. At $188,000 with a 8.34% gross yield, the $1,307/mo rent leaves $133/mo after the $845/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.55 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $51,941 by year five; $1,732/yr in principal reduction adds further equity. Total projected return: $79,962.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $133 | $450 |
City averages based on Rollingstone market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,307 |
| Total Monthly Debt Service | $1,099 |
| DSCR Ratio | 1.19x |
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 1957
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55969, Rollingstone, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 501 (100%) |
| Owner Occupied HU | 395 (78.8%) |
| Renter Occupied HU | 78 (15.6%) |
| Vacant Housing Units | 28 ( 5.6%) |
| Median Home Value | $340,116 |
| Average Home Value | $407,367 |
Housing Distribution
Address Breakdown
Residential
461
Single Family
447
Multi-Family
14
Businesses
20
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 1957
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55969, Rollingstone, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 501 (100%) |
| Owner Occupied HU | 395 (78.8%) |
| Renter Occupied HU | 78 (15.6%) |
| Vacant Housing Units | 28 ( 5.6%) |
| Median Home Value | $340,116 |
| Average Home Value | $407,367 |
Housing Distribution
Address Breakdown
Residential
461
Single Family
447
Multi-Family
14
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DeAnne Forsythe • Coldwell Banker River Valley, REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6782205