205 West StHaywardMN56043
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 205 West St, Hayward, MN, 56043 in Hayward earns a 9.62% gross yield at $187,300. Rent of $1,502/mo nets $332/mo after the $842/mo mortgage. The 1.78 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $51,748 and $1,725/yr in equity accumulation project a total cumulative return of $92,524.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 8.0% |
| Monthly Cash Flow | $332 | $500 |
City averages based on Hayward 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 | $1,502 |
| Total Monthly Debt Service | $1,095 |
| DSCR Ratio | 1.37x |
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 1962
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56043, Hayward, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 177 (81.2%) |
| Renter Occupied HU | 22 (10.1%) |
| Vacant Housing Units | 19 ( 8.7%) |
| Median Home Value | $248,438 |
| Average Home Value | $290,791 |
Housing Distribution
Address Breakdown
Residential
126
Single Family
126
Multi-Family
0
Businesses
13
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 1962
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56043, Hayward, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 177 (81.2%) |
| Renter Occupied HU | 22 (10.1%) |
| Vacant Housing Units | 19 ( 8.7%) |
| Median Home Value | $248,438 |
| Average Home Value | $290,791 |
Housing Distribution
Address Breakdown
Residential
126
Single Family
126
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
