320 4th St NEMayerMN55360
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 320 4th St NE, Mayer, MN, 55360 in Mayer. Rental yield 0%. At $340,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $93,936 in new equity by year five, complemented by $3,131/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.5% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Mayer market data in our database. Property projections are estimates.
Single Family
Built in 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55360, Mayer, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 1,107 (90.5%) |
| Renter Occupied HU | 86 ( 7.0%) |
| Vacant Housing Units | 30 ( 2.5%) |
| Median Home Value | $355,043 |
| Average Home Value | $409,779 |
Housing Distribution
Address Breakdown
Residential
1,180
Single Family
1,170
Multi-Family
10
Businesses
56
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 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55360, Mayer, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 1,107 (90.5%) |
| Renter Occupied HU | 86 ( 7.0%) |
| Vacant Housing Units | 30 ( 2.5%) |
| Median Home Value | $355,043 |
| Average Home Value | $409,779 |
Housing Distribution
Address Breakdown
Residential
1,180
Single Family
1,170
Multi-Family
10
Businesses
56
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices