301 S Nelson StCyrusMN56323
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 301 S Nelson St, Cyrus, MN, 56323 in Cyrus hard to pass up. The 11.28% gross yield on a $189,900 purchase results in $1,786/mo in rent and $600/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.09). Annual cash flow of $7,197, five-year appreciation of $52,466, and $1,749/yr in equity build-up combine for a projected total cumulative return of $110,682.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 7.2% |
| Monthly Cash Flow | $600 | $350 |
City averages based on Cyrus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,786 |
| Total Monthly Debt Service | $1,110 |
| DSCR Ratio | 1.61x |
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 1905
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56323, Cyrus, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 261 (100%) |
| Owner Occupied HU | 198 (75.9%) |
| Renter Occupied HU | 39 (14.9%) |
| Vacant Housing Units | 24 ( 9.2%) |
| Median Home Value | $306,122 |
| Average Home Value | $355,947 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
168
Multi-Family
24
Businesses
13
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 1905
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56323, Cyrus, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 261 (100%) |
| Owner Occupied HU | 198 (75.9%) |
| Renter Occupied HU | 39 (14.9%) |
| Vacant Housing Units | 24 ( 9.2%) |
| Median Home Value | $306,122 |
| Average Home Value | $355,947 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
168
Multi-Family
24
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices