29592 130th StFrazeeMN56544
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.53% gross rental yield, 29592 130th St, Frazee, MN, 56544 in Frazee is priced for capital growth, not immediate cash flow. The $579,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $160,216 by year five, with $5,341/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.02) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $158,888.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 6.0% |
| Monthly Cash Flow | $(950) | $500 |
City averages based on Frazee 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 | $2,671 |
| Total Monthly Debt Service | $3,390 |
| DSCR Ratio | 0.79x |
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 1986
6.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56544, Frazee, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,773 (100%) |
| Owner Occupied HU | 1,651 (59.5%) |
| Renter Occupied HU | 400 (14.4%) |
| Vacant Housing Units | 722 (26.0%) |
| Median Home Value | $319,088 |
| Average Home Value | $384,861 |
Housing Distribution
Address Breakdown
Residential
2,177
Single Family
2,107
Multi-Family
70
Businesses
80
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 1986
6.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56544, Frazee, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,773 (100%) |
| Owner Occupied HU | 1,651 (59.5%) |
| Renter Occupied HU | 400 (14.4%) |
| Vacant Housing Units | 722 (26.0%) |
| Median Home Value | $319,088 |
| Average Home Value | $384,861 |
Housing Distribution
Address Breakdown
Residential
2,177
Single Family
2,107
Multi-Family
70
Businesses
80
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices