235 North St WEagle BendMN56446
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 235 North St W, Eagle Bend, MN, 56446 in Eagle Bend at $234,900 earns $1,608/mo in rent and nets $141/mo after the $1,056/mo payment, a 8.21% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $64,899 over five years. Ziffy Mortgage underwrites this on a 1.52 DSCR without U.S. credit history. With $2,163/yr in principal paydown, total projected return reaches $98,231.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.3% |
| Monthly Cash Flow | $141 | $180 |
City averages based on Eagle Bend market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,608 |
| Total Monthly Debt Service | $1,373 |
| DSCR Ratio | 1.17x |
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 2000
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56446, Eagle Bend, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 776 (100%) |
| Owner Occupied HU | 549 (70.7%) |
| Renter Occupied HU | 120 (15.5%) |
| Vacant Housing Units | 107 (13.8%) |
| Median Home Value | $207,292 |
| Average Home Value | $255,246 |
Housing Distribution
Address Breakdown
Residential
549
Single Family
525
Multi-Family
24
Businesses
35
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 2000
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56446, Eagle Bend, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 776 (100%) |
| Owner Occupied HU | 549 (70.7%) |
| Renter Occupied HU | 120 (15.5%) |
| Vacant Housing Units | 107 (13.8%) |
| Median Home Value | $207,292 |
| Average Home Value | $255,246 |
Housing Distribution
Address Breakdown
Residential
549
Single Family
525
Multi-Family
24
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7027304