214 9th St SEGlyndonMN56547
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 214 9th St SE, Glyndon, MN, 56547 in Glyndon. At $337,499 it earns $2,765/mo in rent and distributes $657/mo to the owner after the $1,518/mo payment, a consistent 9.83% yield. DSCR 1.82 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $93,245 in value; $3,108/yr in principal paydown compounds ownership stake. Total projected return: $170,382.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 8.0% |
| Monthly Cash Flow | $657 | $700 |
City averages based on Glyndon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,765 |
| Total Monthly Debt Service | $1,973 |
| 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 1998
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56547, Glyndon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,043 (100%) |
| Owner Occupied HU | 873 (83.7%) |
| Renter Occupied HU | 102 ( 9.8%) |
| Vacant Housing Units | 68 ( 6.5%) |
| Median Home Value | $354,390 |
| Average Home Value | $444,227 |
Housing Distribution
Address Breakdown
Residential
919
Single Family
890
Multi-Family
29
Businesses
61
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 1998
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56547, Glyndon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,043 (100%) |
| Owner Occupied HU | 873 (83.7%) |
| Renter Occupied HU | 102 ( 9.8%) |
| Vacant Housing Units | 68 ( 6.5%) |
| Median Home Value | $354,390 |
| Average Home Value | $444,227 |
Housing Distribution
Address Breakdown
Residential
919
Single Family
890
Multi-Family
29
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices