300 Mill St SRushfordMN55971
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play300 Mill St S, Rushford, MN, 55971 in Rushford is priced for appreciation, not yield. Rental yield 4.58%. At $299,000 with a 4.58% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $82,608 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.85) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $66,840.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.0% |
| Monthly Cash Flow | $(725) | $300 |
City averages based on Rushford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,142 |
| Total Monthly Debt Service | $1,748 |
| DSCR Ratio | 0.65x |
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.
Multi Family
Built in 1900
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55971, Rushford, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,315 (100%) |
| Owner Occupied HU | 968 (73.6%) |
| Renter Occupied HU | 249 (18.9%) |
| Vacant Housing Units | 98 ( 7.5%) |
| Median Home Value | $247,015 |
| Average Home Value | $341,180 |
Housing Distribution
Address Breakdown
Residential
1,151
Single Family
1,115
Multi-Family
36
Businesses
115
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
Multi Family
Built in 1900
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55971, Rushford, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,315 (100%) |
| Owner Occupied HU | 968 (73.6%) |
| Renter Occupied HU | 249 (18.9%) |
| Vacant Housing Units | 98 ( 7.5%) |
| Median Home Value | $247,015 |
| Average Home Value | $341,180 |
Housing Distribution
Address Breakdown
Residential
1,151
Single Family
1,115
Multi-Family
36
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices