202 W Main StAdamsMN55909
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.27% yield at 202 W Main St, Adams, MN, 55909 in Adams is solid, but the $517/mo payment compresses net cash flow to $170/mo at $114,999. 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 $31,772 by year five, and $1,059/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.72) without U.S. income documentation. Total projected return: $54,587.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.8% |
| Monthly Cash Flow | $170 | $450 |
City averages based on Adams market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $888 |
| Total Monthly Debt Service | $672 |
| DSCR Ratio | 1.32x |
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 1895
10,193 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55909, Adams, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 586 (100%) |
| Owner Occupied HU | 451 (77.0%) |
| Renter Occupied HU | 105 (17.9%) |
| Vacant Housing Units | 30 ( 5.1%) |
| Median Home Value | $267,188 |
| Average Home Value | $326,170 |
Housing Distribution
Address Breakdown
Residential
418
Single Family
376
Multi-Family
42
Businesses
44
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 1895
10,193 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55909, Adams, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 586 (100%) |
| Owner Occupied HU | 451 (77.0%) |
| Renter Occupied HU | 105 (17.9%) |
| Vacant Housing Units | 30 ( 5.1%) |
| Median Home Value | $267,188 |
| Average Home Value | $326,170 |
Housing Distribution
Address Breakdown
Residential
418
Single Family
376
Multi-Family
42
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices