315 E Austin AveKelloggMN55945
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 315 E Austin Ave, Kellogg, MN, 55945 in Kellogg is priced for capital growth, not immediate cash flow. The $160,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $44,205 by year five, with $1,474/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $100 |
City averages based on Kellogg market data in our database. Property projections are estimates.
Single Family
Built in 1910
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55945, Kellogg, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 688 (100%) |
| Owner Occupied HU | 543 (78.9%) |
| Renter Occupied HU | 66 ( 9.6%) |
| Vacant Housing Units | 79 (11.5%) |
| Median Home Value | $345,109 |
| Average Home Value | $416,998 |
Housing Distribution
Address Breakdown
Residential
539
Single Family
534
Multi-Family
5
Businesses
26
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 1910
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55945, Kellogg, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 688 (100%) |
| Owner Occupied HU | 543 (78.9%) |
| Renter Occupied HU | 66 ( 9.6%) |
| Vacant Housing Units | 79 (11.5%) |
| Median Home Value | $345,109 |
| Average Home Value | $416,998 |
Housing Distribution
Address Breakdown
Residential
539
Single Family
534
Multi-Family
5
Businesses
26
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices