24802 County Road 26GarrisonMN56450
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow24802 County Road 26, Garrison, MN, 56450 in Garrison is a top-tier cash-flow asset. At $260,000 it produces $2,292/mo in rent and $668/mo in net monthly income, a 10.58% gross rental yield. The DSCR of 1.96 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $8,021. Five-year appreciation adds $71,833, driving a total cumulative return of $141,657.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $668 | $350 |
City averages based on Garrison market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,292 |
| Total Monthly Debt Service | $1,520 |
| DSCR Ratio | 1.51x |
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 1999
3.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56450, Garrison, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,193 (100%) |
| Owner Occupied HU | 459 (38.5%) |
| Renter Occupied HU | 92 ( 7.7%) |
| Vacant Housing Units | 642 (53.8%) |
| Median Home Value | $372,596 |
| Average Home Value | $401,618 |
Housing Distribution
Address Breakdown
Residential
710
Single Family
710
Multi-Family
0
Businesses
75
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 1999
3.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56450, Garrison, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,193 (100%) |
| Owner Occupied HU | 459 (38.5%) |
| Renter Occupied HU | 92 ( 7.7%) |
| Vacant Housing Units | 642 (53.8%) |
| Median Home Value | $372,596 |
| Average Home Value | $401,618 |
Housing Distribution
Address Breakdown
Residential
710
Single Family
710
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices