213 W Cedar StHoustonMN55943
INVESTMENT ANALYSIS
Investment Verdict
Solid Income213 W Cedar St, Houston, MN, 55943 in Houston is a solid income-producing rental, 9.85% gross yield, $1,435/mo rent, $343/mo net cash flow on a $174,900 buy. DSCR 1.83 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $48,322 and $1,611/yr in principal reduction project a total cumulative return of $88,453.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 8.0% |
| Monthly Cash Flow | $343 | $350 |
City averages based on Houston 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 | $1,435 |
| Total Monthly Debt Service | $1,023 |
| DSCR Ratio | 1.40x |
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 1972
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55943, Houston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 1,084 (73.8%) |
| Renter Occupied HU | 248 (16.9%) |
| Vacant Housing Units | 137 ( 9.3%) |
| Median Home Value | $353,810 |
| Average Home Value | $472,078 |
Housing Distribution
Address Breakdown
Residential
1,132
Single Family
1,110
Multi-Family
22
Businesses
80
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 1972
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55943, Houston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 1,084 (73.8%) |
| Renter Occupied HU | 248 (16.9%) |
| Vacant Housing Units | 137 ( 9.3%) |
| Median Home Value | $353,810 |
| Average Home Value | $472,078 |
Housing Distribution
Address Breakdown
Residential
1,132
Single Family
1,110
Multi-Family
22
Businesses
80
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices