212 N 6th StHendersonMN56044
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 212 N 6th St, Henderson, MN, 56044 in Henderson at $925,000, 4.62% gross yield, is a market-growth asset. Rental yield 4.62%. The $3,562/mo rent partially funds the $4,159/mo debt service; the core return is the 5%/yr price growth projected to add $255,560 over five years. Ziffy Mortgage's DSCR mortgage (0.86) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $208,538.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.5% |
| Monthly Cash Flow | $(2,215) | $350 |
City averages based on Henderson 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 | $3,562 |
| Total Monthly Debt Service | $5,408 |
| DSCR Ratio | 0.66x |
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 1860
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56044, Henderson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 875 (100%) |
| Owner Occupied HU | 670 (76.6%) |
| Renter Occupied HU | 146 (16.7%) |
| Vacant Housing Units | 59 ( 6.7%) |
| Median Home Value | $360,870 |
| Average Home Value | $410,675 |
Housing Distribution
Address Breakdown
Residential
629
Single Family
585
Multi-Family
44
Businesses
73
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 1860
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56044, Henderson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 875 (100%) |
| Owner Occupied HU | 670 (76.6%) |
| Renter Occupied HU | 146 (16.7%) |
| Vacant Housing Units | 59 ( 6.7%) |
| Median Home Value | $360,870 |
| Average Home Value | $410,675 |
Housing Distribution
Address Breakdown
Residential
629
Single Family
585
Multi-Family
44
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
