312 Main St EHendrumMN56550
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 312 Main St E, Hendrum, MN, 56550 in Hendrum the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $366,500 price is below income-first thresholds, but 5%/yr value growth projects $101,257 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.0% |
| Monthly Cash Flow | $0 | $600 |
City averages based on Hendrum market data in our database. Property projections are estimates.
Townhouse
Built in 2026
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56550, Hendrum, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 199 (100%) |
| Owner Occupied HU | 137 (68.8%) |
| Renter Occupied HU | 28 (14.1%) |
| Vacant Housing Units | 34 (17.1%) |
| Median Home Value | $184,722 |
| Average Home Value | $245,438 |
Housing Distribution
Address Breakdown
Residential
71
Single Family
71
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 2026
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56550, Hendrum, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 199 (100%) |
| Owner Occupied HU | 137 (68.8%) |
| Renter Occupied HU | 28 (14.1%) |
| Vacant Housing Units | 34 (17.1%) |
| Median Home Value | $184,722 |
| Average Home Value | $245,438 |
Housing Distribution
Address Breakdown
Residential
71
Single Family
71
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices