24909 Sandy Ln #801-802-803DeerwoodMN56444
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 24909 Sandy Ln #801-802-803, Deerwood, MN, 56444 in Deerwood worth study. Rental yield 4.71%. The 4.71% gross yield is below cash-flow benchmarks at $382,500, but 5% annual appreciation, adding $105,678 over five years, frames this as a capital growth position. Rent of $1,500/mo partially offsets the $1,720/mo payment. Ziffy Mortgage finances appreciation-play properties (0.87 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $87,959.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 7.0% |
| Monthly Cash Flow | $(1,737) | $500 |
City averages based on Deerwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,500 |
| Total Monthly Debt Service | $2,236 |
| DSCR Ratio | 0.67x |
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.
Townhouse
Built in 2007
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56444, Deerwood, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,890 (100%) |
| Owner Occupied HU | 1,232 (42.6%) |
| Renter Occupied HU | 223 ( 7.7%) |
| Vacant Housing Units | 1,435 (49.7%) |
| Median Home Value | $471,304 |
| Average Home Value | $558,691 |
Housing Distribution
Address Breakdown
Residential
1,707
Single Family
1,680
Multi-Family
27
Businesses
105
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
Townhouse
Built in 2007
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56444, Deerwood, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,890 (100%) |
| Owner Occupied HU | 1,232 (42.6%) |
| Renter Occupied HU | 223 ( 7.7%) |
| Vacant Housing Units | 1,435 (49.7%) |
| Median Home Value | $471,304 |
| Average Home Value | $558,691 |
Housing Distribution
Address Breakdown
Residential
1,707
Single Family
1,680
Multi-Family
27
Businesses
105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices