32126 Hornsby St NENorth BranchMN55056
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 32126 Hornsby St NE, North Branch, MN, 55056 in North Branch aligned with their strategy. Rental yield 6.26%. DSCR 1.16 and 6.26% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $8,980/yr in paydown build toward a projected cumulative return of $305,633.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 7.2% |
| Monthly Cash Flow | $(999) | $350 |
City averages based on North Branch market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,089 |
| Total Monthly Debt Service | $5,700 |
| DSCR Ratio | 0.89x |
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 2004
38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55056, North Branch, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,023 (100%) |
| Owner Occupied HU | 5,048 (83.8%) |
| Renter Occupied HU | 744 (12.4%) |
| Vacant Housing Units | 231 ( 3.8%) |
| Median Home Value | $344,979 |
| Average Home Value | $379,715 |
Housing Distribution
Address Breakdown
Residential
5,878
Single Family
5,217
Multi-Family
661
Businesses
335
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 2004
38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55056, North Branch, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,023 (100%) |
| Owner Occupied HU | 5,048 (83.8%) |
| Renter Occupied HU | 744 (12.4%) |
| Vacant Housing Units | 231 ( 3.8%) |
| Median Home Value | $344,979 |
| Average Home Value | $379,715 |
Housing Distribution
Address Breakdown
Residential
5,878
Single Family
5,217
Multi-Family
661
Businesses
335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7038440