309 Minnie StPaynesvilleMN56362
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow309 Minnie St, Paynesville, MN, 56362 in Paynesville is a solid income-producing rental, 10.24% gross yield, $1,686/mo rent, $453/mo net cash flow on a $197,500 buy. DSCR 1.90 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $54,566 and $1,819/yr in principal reduction project a total cumulative return of $104,106.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.0% |
| Monthly Cash Flow | $453 | $1,100 |
City averages based on Paynesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,686 |
| Total Monthly Debt Service | $1,155 |
| DSCR Ratio | 1.46x |
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 1943
0.33 Acres lot
$N/A/sqft
No HOA
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 1943
0.33 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheri L Peterson • Riverwood Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6769934