211 S Houk StGood ThunderMN56037
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 211 S Houk St, Good Thunder, MN, 56037 in Good Thunder deserves attention. This $225,000 property earns $1,933/mo in rent, a 10.31% gross yield, and nets $528/mo after the $1,012/mo payment. DSCR 1.91 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $62,163 compounds alongside $2,072/yr in yearly equity build, for a total cumulative return of $119,376.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.5% |
| Monthly Cash Flow | $528 | $320 |
City averages based on Good Thunder market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,933 |
| Total Monthly Debt Service | $1,315 |
| DSCR Ratio | 1.47x |
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 1880
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56037, Good Thunder, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 680 (100%) |
| Owner Occupied HU | 552 (81.2%) |
| Renter Occupied HU | 85 (12.5%) |
| Vacant Housing Units | 43 ( 6.3%) |
| Median Home Value | $316,552 |
| Average Home Value | $397,966 |
Housing Distribution
Address Breakdown
Residential
523
Single Family
503
Multi-Family
20
Businesses
16
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 1880
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56037, Good Thunder, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 680 (100%) |
| Owner Occupied HU | 552 (81.2%) |
| Renter Occupied HU | 85 (12.5%) |
| Vacant Housing Units | 43 ( 6.3%) |
| Median Home Value | $316,552 |
| Average Home Value | $397,966 |
Housing Distribution
Address Breakdown
Residential
523
Single Family
503
Multi-Family
20
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy Kolars • Realty Executives Associates
Mls Name: RASM
Mls ID: #7038511