209 Tousley AveNew York MillsMN56567
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play209 Tousley Ave, New York Mills, MN, 56567 in New York Mills is priced for appreciation, not yield. Rental yield 5.96%. At $145,000 with a 5.96% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $40,061 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.10) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $43,114.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 8.0% |
| Monthly Cash Flow | $(373) | $550 |
City averages based on New York Mills market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $720 |
| Total Monthly Debt Service | $848 |
| DSCR Ratio | 0.85x |
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.
Townhouse
Built in 1959
N/A lot
$N/A/sqft
No HOA
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
Townhouse
Built in 1959
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vanessa Huwe • Centennial Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7014262