200 Armstrong AveButterfieldMN56120
INVESTMENT ANALYSIS
Investment Verdict
Solid Income200 Armstrong Ave, Butterfield, MN, 56120 in Butterfield earns a respectable 9.18% gross yield at $119,900, but after the $539/mo mortgage the net cash flow is $168/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.70) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $33,126 over five years, making equity the dominant return driver. Total projected return: $56,376.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.0% |
| Monthly Cash Flow | $168 | $550 |
City averages based on Butterfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $917 |
| Total Monthly Debt Service | $701 |
| DSCR Ratio | 1.31x |
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 1958
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56120, Butterfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 470 (100%) |
| Owner Occupied HU | 338 (71.9%) |
| Renter Occupied HU | 89 (18.9%) |
| Vacant Housing Units | 43 ( 9.1%) |
| Median Home Value | $171,429 |
| Average Home Value | $211,642 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
327
Multi-Family
8
Businesses
22
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 1958
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56120, Butterfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 470 (100%) |
| Owner Occupied HU | 338 (71.9%) |
| Renter Occupied HU | 89 (18.9%) |
| Vacant Housing Units | 43 ( 9.1%) |
| Median Home Value | $171,429 |
| Average Home Value | $211,642 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
327
Multi-Family
8
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Rossbach • Bridge Realty
Mls Name: RASM
Mls ID: #7039440