219 10th St EGlencoeMN55336
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Glencoe rental at 219 10th St E, Glencoe, MN, 55336 sits in the solid-income band: 9.45% gross yield, $1,256/mo rent, $260/mo net after the $717/mo debt service, DSCR 1.75. Entry price of $159,500 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $44,067 and $1,469/yr in principal reduction bring total cumulative return to $77,276.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 8.0% |
| Monthly Cash Flow | $260 | $250 |
City averages based on Glencoe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,256 |
| Total Monthly Debt Service | $933 |
| DSCR Ratio | 1.35x |
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 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55336, Glencoe, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,599 (100%) |
| Owner Occupied HU | 2,583 (71.8%) |
| Renter Occupied HU | 802 (22.3%) |
| Vacant Housing Units | 214 ( 5.9%) |
| Median Home Value | $279,570 |
| Average Home Value | $324,881 |
Housing Distribution
Address Breakdown
Residential
3,497
Single Family
3,062
Multi-Family
435
Businesses
277
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 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55336, Glencoe, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,599 (100%) |
| Owner Occupied HU | 2,583 (71.8%) |
| Renter Occupied HU | 802 (22.3%) |
| Vacant Housing Units | 214 ( 5.9%) |
| Median Home Value | $279,570 |
| Average Home Value | $324,881 |
Housing Distribution
Address Breakdown
Residential
3,497
Single Family
3,062
Multi-Family
435
Businesses
277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian L O'donnell • Priority One-Metrowest Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6622259
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