241st AveElysianMN56028
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow241st Ave, Elysian, MN, 56028 in Elysian earns its strong cash-flow label: 13.72% yield, $1,909/mo rent, $866/mo net income, DSCR 2.54. The $167,000 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 $46,139 by year five. Combined with $1,538/yr in principal paydown, total projected return reaches $119,134.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 7.0% |
| Monthly Cash Flow | $866 | $650 |
City averages based on Elysian market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,909 |
| Total Monthly Debt Service | $976 |
| DSCR Ratio | 1.96x |
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.
Lot
Built in N/A
7.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56028, Elysian, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 833 (100%) |
| Owner Occupied HU | 525 (63.0%) |
| Renter Occupied HU | 52 ( 6.2%) |
| Vacant Housing Units | 256 (30.7%) |
| Median Home Value | $423,500 |
| Average Home Value | $468,252 |
Housing Distribution
Address Breakdown
Residential
420
Single Family
420
Multi-Family
0
Businesses
54
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
Lot
Built in N/A
7.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56028, Elysian, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 833 (100%) |
| Owner Occupied HU | 525 (63.0%) |
| Renter Occupied HU | 52 ( 6.2%) |
| Vacant Housing Units | 256 (30.7%) |
| Median Home Value | $423,500 |
| Average Home Value | $468,252 |
Housing Distribution
Address Breakdown
Residential
420
Single Family
420
Multi-Family
0
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices