2883 105th AveMahnomenMN56557
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $249,900, 2883 105th Ave, Mahnomen, MN, 56557 in Mahnomen generates $1,754/mo in rent (8.42% yield) but nets only $194/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.56) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $69,043. Total projected return: $107,273.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 7.0% |
| Monthly Cash Flow | $194 | $550 |
City averages based on Mahnomen market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,754 |
| Total Monthly Debt Service | $1,461 |
| DSCR Ratio | 1.20x |
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 1950
4.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56557, Mahnomen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,172 (100%) |
| Owner Occupied HU | 633 (54.0%) |
| Renter Occupied HU | 412 (35.2%) |
| Vacant Housing Units | 127 (10.8%) |
| Median Home Value | $161,343 |
| Average Home Value | $199,325 |
Housing Distribution
Address Breakdown
Residential
887
Single Family
755
Multi-Family
132
Businesses
106
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 1950
4.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56557, Mahnomen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,172 (100%) |
| Owner Occupied HU | 633 (54.0%) |
| Renter Occupied HU | 412 (35.2%) |
| Vacant Housing Units | 127 (10.8%) |
| Median Home Value | $161,343 |
| Average Home Value | $199,325 |
Housing Distribution
Address Breakdown
Residential
887
Single Family
755
Multi-Family
132
Businesses
106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices