24945 Viking DrNisswaMN56468
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 24945 Viking Dr, Nisswa, MN, 56468 in Nisswa is capital appreciation. Rental yield 4.8%. The 4.8% gross yield at $895,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $247,272 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.89) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $210,399.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.2% |
| Monthly Cash Flow | $(2,008) | $650 |
City averages based on Nisswa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,581 |
| Total Monthly Debt Service | $5,233 |
| DSCR Ratio | 0.68x |
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 1995
5.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56468, Nisswa, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,053 (100%) |
| Owner Occupied HU | 1,897 (46.8%) |
| Renter Occupied HU | 238 ( 5.9%) |
| Vacant Housing Units | 1,918 (47.3%) |
| Median Home Value | $558,428 |
| Average Home Value | $611,129 |
Housing Distribution
Address Breakdown
Residential
2,828
Single Family
2,820
Multi-Family
8
Businesses
252
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 1995
5.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56468, Nisswa, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,053 (100%) |
| Owner Occupied HU | 1,897 (46.8%) |
| Renter Occupied HU | 238 ( 5.9%) |
| Vacant Housing Units | 1,918 (47.3%) |
| Median Home Value | $558,428 |
| Average Home Value | $611,129 |
Housing Distribution
Address Breakdown
Residential
2,828
Single Family
2,820
Multi-Family
8
Businesses
252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices