20509 Mayapple LnPrestonMN55965
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 20509 Mayapple Ln, Preston, MN, 55965 in Preston at $329,900. Rental yield 6.2%. The 6.2% yield and 1.15 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $91,145 by year five, and $3,038/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $102,367.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 6.5% |
| Monthly Cash Flow | $(355) | $350 |
City averages based on Preston 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 | $1,705 |
| Total Monthly Debt Service | $1,929 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2008
2.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55965, Preston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,216 (100%) |
| Owner Occupied HU | 861 (70.8%) |
| Renter Occupied HU | 220 (18.1%) |
| Vacant Housing Units | 135 (11.1%) |
| Median Home Value | $307,554 |
| Average Home Value | $419,019 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
873
Multi-Family
37
Businesses
116
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 2008
2.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55965, Preston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,216 (100%) |
| Owner Occupied HU | 861 (70.8%) |
| Renter Occupied HU | 220 (18.1%) |
| Vacant Housing Units | 135 (11.1%) |
| Median Home Value | $307,554 |
| Average Home Value | $419,019 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
873
Multi-Family
37
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices