314 10th Ave SEElbow LakeMN56531
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 314 10th Ave SE, Elbow Lake, MN, 56531 in Elbow Lake the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $239,900 price is below income-first thresholds, but 5%/yr value growth projects $66,280 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% | 5.8% |
| Monthly Cash Flow | $0 | $280 |
City averages based on Elbow Lake market data in our database. Property projections are estimates.
Single Family
Built in 1977
9,583 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 1977
9,583 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Ami Bonrud • Realty Executives Alex Home Sales
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6817116