235 1st Ave SEHarmonyMN55939
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play235 1st Ave SE, Harmony, MN, 55939 in Harmony is priced for appreciation, not yield. Rental yield 0%. At $185,000 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $51,112 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $200 |
City averages based on Harmony market data in our database. Property projections are estimates.
Single Family
Built in 1929
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55939, Harmony, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 912 (100%) |
| Owner Occupied HU | 667 (73.1%) |
| Renter Occupied HU | 135 (14.8%) |
| Vacant Housing Units | 110 (12.1%) |
| Median Home Value | $254,873 |
| Average Home Value | $295,495 |
Housing Distribution
Address Breakdown
Residential
743
Single Family
685
Multi-Family
58
Businesses
83
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1929
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55939, Harmony, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 912 (100%) |
| Owner Occupied HU | 667 (73.1%) |
| Renter Occupied HU | 135 (14.8%) |
| Vacant Housing Units | 110 (12.1%) |
| Median Home Value | $254,873 |
| Average Home Value | $295,495 |
Housing Distribution
Address Breakdown
Residential
743
Single Family
685
Multi-Family
58
Businesses
83
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices