31474 Enchanted LoopBurtrumMN56318
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play31474 Enchanted Loop, Burtrum, MN, 56318 in Burtrum is priced for appreciation, not yield. Rental yield 2.33%. At $999,000 with a 2.33% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $276,005 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.43) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $102,482.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 7.0% |
| Monthly Cash Flow | $(4,298) | $450 |
City averages based on Burtrum market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,940 |
| Total Monthly Debt Service | $5,841 |
| DSCR Ratio | 0.33x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1991
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56318, Burtrum, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 936 (100%) |
| Owner Occupied HU | 446 (47.6%) |
| Renter Occupied HU | 77 ( 8.2%) |
| Vacant Housing Units | 413 (44.1%) |
| Median Home Value | $299,265 |
| Average Home Value | $325,028 |
Housing Distribution
Address Breakdown
Residential
518
Single Family
518
Multi-Family
0
Businesses
7
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 1991
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56318, Burtrum, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 936 (100%) |
| Owner Occupied HU | 446 (47.6%) |
| Renter Occupied HU | 77 ( 8.2%) |
| Vacant Housing Units | 413 (44.1%) |
| Median Home Value | $299,265 |
| Average Home Value | $325,028 |
Housing Distribution
Address Breakdown
Residential
518
Single Family
518
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices