204 3rd StLyleMN55953
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 204 3rd St, Lyle, MN, 55953 in Lyle earns a 9.01% gross yield at $174,900. Rent of $1,313/mo nets $221/mo after the $786/mo mortgage. The 1.67 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $48,322 and $1,611/yr in equity accumulation project a total cumulative return of $80,617.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.0% |
| Monthly Cash Flow | $221 | $800 |
City averages based on Lyle market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,313 |
| Total Monthly Debt Service | $1,023 |
| DSCR Ratio | 1.28x |
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 1949
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55953, Lyle, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 404 (100%) |
| Owner Occupied HU | 304 (75.2%) |
| Renter Occupied HU | 54 (13.4%) |
| Vacant Housing Units | 46 (11.4%) |
| Median Home Value | $260,577 |
| Average Home Value | $345,181 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
251
Multi-Family
21
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 1949
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55953, Lyle, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 404 (100%) |
| Owner Occupied HU | 304 (75.2%) |
| Renter Occupied HU | 54 (13.4%) |
| Vacant Housing Units | 46 (11.4%) |
| Median Home Value | $260,577 |
| Average Home Value | $345,181 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
251
Multi-Family
21
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices