29386 685th AveRooseveltMN56673
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 29386 685th Ave, Roosevelt, MN, 56673 in Roosevelt. Priced at $149,900, it generates $1,460/mo in gross rent and $524/mo in net monthly cash flow, a 11.69% yield that comfortably supports the 2.05 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,292. Five-year appreciation: $41,415. Equity from principal paydown: $1,257/yr. Total projected cumulative return: $87,765.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.0% |
| Monthly Cash Flow | $524 | $350 |
City averages based on Roosevelt market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,460 |
| Total Monthly Debt Service | $913 |
| DSCR Ratio | 1.60x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1997
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56673, Roosevelt, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 539 (100%) |
| Owner Occupied HU | 290 (53.8%) |
| Renter Occupied HU | 30 ( 5.6%) |
| Vacant Housing Units | 219 (40.6%) |
| Median Home Value | $234,884 |
| Average Home Value | $267,828 |
Housing Distribution
Address Breakdown
Residential
299
Single Family
299
Multi-Family
0
Businesses
10
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
