20635 Tamarack St NWCedarMN55011
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.56% gross rental yield, 20635 Tamarack St NW, Cedar, MN, 55011 in Cedar is priced for capital growth, not immediate cash flow. The $599,539 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $165,642 by year five, with $5,522/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.85) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $133,285.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 7.5% |
| Monthly Cash Flow | $(1,464) | $800 |
City averages based on Cedar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,280 |
| Total Monthly Debt Service | $3,505 |
| DSCR Ratio | 0.65x |
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 2024
1.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55011, Cedar, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,060 (100%) |
| Owner Occupied HU | 3,776 (93.0%) |
| Renter Occupied HU | 231 ( 5.7%) |
| Vacant Housing Units | 53 ( 1.3%) |
| Median Home Value | $423,337 |
| Average Home Value | $451,419 |
Housing Distribution
Address Breakdown
Residential
4,040
Single Family
3,752
Multi-Family
288
Businesses
196
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 2024
1.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55011, Cedar, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,060 (100%) |
| Owner Occupied HU | 3,776 (93.0%) |
| Renter Occupied HU | 231 ( 5.7%) |
| Vacant Housing Units | 53 ( 1.3%) |
| Median Home Value | $423,337 |
| Average Home Value | $451,419 |
Housing Distribution
Address Breakdown
Residential
4,040
Single Family
3,752
Multi-Family
288
Businesses
196
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices