28000 County Highway 34CallawayMN56521
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 28000 County Highway 34, Callaway, MN, 56521 in Callaway earns a 9.59% gross yield at $280,000. Rent of $2,237/mo nets $488/mo after the $1,259/mo mortgage. The 1.78 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $77,359 and $2,579/yr in equity accumulation project a total cumulative return of $137,665.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.8% |
| Monthly Cash Flow | $488 | $650 |
City averages based on Callaway market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,237 |
| Total Monthly Debt Service | $1,637 |
| DSCR Ratio | 1.37x |
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 1976
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56521, Callaway, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 347 (100%) |
| Owner Occupied HU | 258 (74.4%) |
| Renter Occupied HU | 29 ( 8.4%) |
| Vacant Housing Units | 60 (17.3%) |
| Median Home Value | $273,333 |
| Average Home Value | $325,068 |
Housing Distribution
Address Breakdown
Residential
264
Single Family
264
Multi-Family
0
Businesses
18
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 1976
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56521, Callaway, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 347 (100%) |
| Owner Occupied HU | 258 (74.4%) |
| Renter Occupied HU | 29 ( 8.4%) |
| Vacant Housing Units | 60 (17.3%) |
| Median Home Value | $273,333 |
| Average Home Value | $325,068 |
Housing Distribution
Address Breakdown
Residential
264
Single Family
264
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices