26914 State Highway 6CrosbyMN56441
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 26914 State Highway 6, Crosby, MN, 56441 in Crosby. Rental yield 4.26%. At $409,900 with 4.26% gross yield, current distributions are modest, but the 5% appreciation rate projects $113,248 in new equity by year five, complemented by $3,775/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.79) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $84,536.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 7.0% |
| Monthly Cash Flow | $(1,104) | $350 |
City averages based on Crosby market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,456 |
| Total Monthly Debt Service | $2,397 |
| DSCR Ratio | 0.61x |
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.
Single Family
Built in 1930
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56441, Crosby, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,354 (100%) |
| Owner Occupied HU | 1,169 (49.7%) |
| Renter Occupied HU | 570 (24.2%) |
| Vacant Housing Units | 615 (26.1%) |
| Median Home Value | $328,893 |
| Average Home Value | $364,363 |
Housing Distribution
Address Breakdown
Residential
1,705
Single Family
1,450
Multi-Family
255
Businesses
139
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 1930
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56441, Crosby, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,354 (100%) |
| Owner Occupied HU | 1,169 (49.7%) |
| Renter Occupied HU | 570 (24.2%) |
| Vacant Housing Units | 615 (26.1%) |
| Median Home Value | $328,893 |
| Average Home Value | $364,363 |
Housing Distribution
Address Breakdown
Residential
1,705
Single Family
1,450
Multi-Family
255
Businesses
139
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices