2788 369th Ave NEGrandyMN55029
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2788 369th Ave NE, Grandy, MN, 55029 in Grandy. Rental yield 0%. At $239,900 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $66,280 in new equity by year five, complemented by $2,210/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $400 |
City averages based on Grandy market data in our database. Property projections are estimates.
Single Family
Built in 1970
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55029, Grandy, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33 (100%) |
| Owner Occupied HU | 27 (81.8%) |
| Renter Occupied HU | 6 (18.2%) |
| Vacant Housing Units | 0 |
| Median Home Value | $360,714 |
| Average Home Value | $373,611 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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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 1970
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55029, Grandy, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33 (100%) |
| Owner Occupied HU | 27 (81.8%) |
| Renter Occupied HU | 6 (18.2%) |
| Vacant Housing Units | 0 |
| Median Home Value | $360,714 |
| Average Home Value | $373,611 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices