19229 N Union DrErskineMN56535
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 19229 N Union Dr, Erskine, MN, 56535 in Erskine at $515,000, 0% gross yield, is a market-growth asset. Rental yield 0%. The $0/mo rent partially funds the $2,316/mo debt service; the core return is the 5%/yr price growth projected to add $142,285 over five years. Ziffy Mortgage's DSCR mortgage (0.00) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.2% |
| Monthly Cash Flow | $0 | $150 |
City averages based on Erskine market data in our database. Property projections are estimates.
Single Family
Built in 2008
2.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56535, Erskine, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 845 (100%) |
| Owner Occupied HU | 426 (50.4%) |
| Renter Occupied HU | 100 (11.8%) |
| Vacant Housing Units | 319 (37.8%) |
| Median Home Value | $275,926 |
| Average Home Value | $305,188 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
533
Multi-Family
29
Businesses
52
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 2008
2.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56535, Erskine, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 845 (100%) |
| Owner Occupied HU | 426 (50.4%) |
| Renter Occupied HU | 100 (11.8%) |
| Vacant Housing Units | 319 (37.8%) |
| Median Home Value | $275,926 |
| Average Home Value | $305,188 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
533
Multi-Family
29
Businesses
52
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Zach Finney • Greenberg Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-959
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