202 3rd East StHanskaMN56041
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 202 3rd East St, Hanska, MN, 56041 in Hanska is priced for capital growth, not immediate cash flow. The $144,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $40,033 by year five, with $1,335/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.8% |
| Monthly Cash Flow | $0 | $450 |
City averages based on Hanska market data in our database. Property projections are estimates.
Single Family
Built in 1920
8,004 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56041, Hanska, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 490 (100%) |
| Owner Occupied HU | 380 (77.6%) |
| Renter Occupied HU | 60 (12.2%) |
| Vacant Housing Units | 50 (10.2%) |
| Median Home Value | $258,333 |
| Average Home Value | $274,605 |
Housing Distribution
Address Breakdown
Residential
295
Single Family
295
Multi-Family
0
Businesses
22
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 1920
8,004 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56041, Hanska, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 490 (100%) |
| Owner Occupied HU | 380 (77.6%) |
| Renter Occupied HU | 60 (12.2%) |
| Vacant Housing Units | 50 (10.2%) |
| Median Home Value | $258,333 |
| Average Home Value | $274,605 |
Housing Distribution
Address Breakdown
Residential
295
Single Family
295
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jerry Sandmann • Century 21 Atwood
Mls Name: RASM
Mls Provider:
Mls ID: #7037654
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-06-04 10:04:51 PDT