306 11th St NGoodhueMN55027
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 306 11th St N, Goodhue, MN, 55027 in Goodhue is narrow, $189/mo net on $2,249/mo rent after the $1,483/mo debt service, but the property operates at break-even-plus, not a loss. At $329,900 with a 8.18% yield, the long-run equity case via 5% appreciation ($91,145 over five years) and $3,038/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.52 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $137,383.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $189 | $350 |
City averages based on Goodhue market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,249 |
| Total Monthly Debt Service | $1,929 |
| DSCR Ratio | 1.17x |
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.
Townhouse
Built in 2021
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55027, Goodhue, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 948 (81.9%) |
| Renter Occupied HU | 148 (12.8%) |
| Vacant Housing Units | 61 ( 5.3%) |
| Median Home Value | $384,956 |
| Average Home Value | $457,097 |
Housing Distribution
Address Breakdown
Residential
1,069
Single Family
1,028
Multi-Family
41
Businesses
59
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
Townhouse
Built in 2021
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55027, Goodhue, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 948 (81.9%) |
| Renter Occupied HU | 148 (12.8%) |
| Vacant Housing Units | 61 ( 5.3%) |
| Median Home Value | $384,956 |
| Average Home Value | $457,097 |
Housing Distribution
Address Breakdown
Residential
1,069
Single Family
1,028
Multi-Family
41
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices