2113 210th StMahnomenMN56557
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 2113 210th St, Mahnomen, MN, 56557 in Mahnomen fits: $240,000, 0% gross yield, and a projected 5% annual appreciation rate adding $66,308 in value within five years. Rental yield 0%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.00) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $550 |
City averages based on Mahnomen market data in our database. Property projections are estimates.
Single Family
Built in 1931
6.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56557, Mahnomen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,172 (100%) |
| Owner Occupied HU | 633 (54.0%) |
| Renter Occupied HU | 412 (35.2%) |
| Vacant Housing Units | 127 (10.8%) |
| Median Home Value | $161,343 |
| Average Home Value | $199,325 |
Housing Distribution
Address Breakdown
Residential
887
Single Family
755
Multi-Family
132
Businesses
106
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1931
6.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56557, Mahnomen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,172 (100%) |
| Owner Occupied HU | 633 (54.0%) |
| Renter Occupied HU | 412 (35.2%) |
| Vacant Housing Units | 127 (10.8%) |
| Median Home Value | $161,343 |
| Average Home Value | $199,325 |
Housing Distribution
Address Breakdown
Residential
887
Single Family
755
Multi-Family
132
Businesses
106
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices