24797 Washington DrOsageMN56570
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.73% gross rental yield, 24797 Washington Dr, Osage, MN, 56570 in Osage is priced for capital growth, not immediate cash flow. The $239,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $66,280 by year five, with $2,210/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.06) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $68,337.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 7.0% |
| Monthly Cash Flow | $(353) | $350 |
City averages based on Osage market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,145 |
| Total Monthly Debt Service | $1,403 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Manufactured
Built in 1967
0.60 Acres lot
$N/A/sqft
No HOA
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
Manufactured
Built in 1967
0.60 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Lee Mack • Coldwell Banker Crown Realtors
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6702832
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