224 Spring StHoldingfordMN56340
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow224 Spring St, Holdingford, MN, 56340 in Holdingford earns its strong cash-flow label: 10.38% yield, $2,068/mo rent, $576/mo net income, DSCR 1.92. The $239,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $66,031 by year five. Combined with $2,201/yr in principal paydown, total projected return reaches $127,729.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.8% |
| Monthly Cash Flow | $576 | $150 |
City averages based on Holdingford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,068 |
| Total Monthly Debt Service | $1,397 |
| DSCR Ratio | 1.48x |
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 1945
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56340, Holdingford, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 858 (84.4%) |
| Renter Occupied HU | 111 (10.9%) |
| Vacant Housing Units | 48 ( 4.7%) |
| Median Home Value | $374,654 |
| Average Home Value | $423,220 |
Housing Distribution
Address Breakdown
Residential
776
Single Family
760
Multi-Family
16
Businesses
44
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 1945
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56340, Holdingford, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 858 (84.4%) |
| Renter Occupied HU | 111 (10.9%) |
| Vacant Housing Units | 48 ( 4.7%) |
| Median Home Value | $374,654 |
| Average Home Value | $423,220 |
Housing Distribution
Address Breakdown
Residential
776
Single Family
760
Multi-Family
16
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alicia Arevalo • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6824489