311 1st St EChokioMN56221
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Chokio rental at 311 1st St E, Chokio, MN, 56221 sits in the solid-income band: 9.63% gross yield, $1,168/mo rent, $267/mo net after the $674/mo debt service, DSCR 1.73. Entry price of $149,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $41,415 and $1,381/yr in principal reduction bring total cumulative return to $71,819.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.0% |
| Monthly Cash Flow | $267 | $350 |
City averages based on Chokio market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,168 |
| Total Monthly Debt Service | $876 |
| DSCR Ratio | 1.33x |
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 1964
6,969 sqft 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 1964
6,969 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mitchell Rohloff • Pomme de Terre Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6697085
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