32395 640th AveButterfieldMN56120
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow32395 640th Ave, Butterfield, MN, 56120 in Butterfield earns its strong cash-flow label: 11.43% yield, $3,091/mo rent, $1,065/mo net income, DSCR 2.12. The $324,500 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $89,653 by year five. Combined with $2,989/yr in principal paydown, total projected return reaches $191,637.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.0% |
| Monthly Cash Flow | $1,065 | $550 |
City averages based on Butterfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,091 |
| Total Monthly Debt Service | $1,897 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1979
5.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56120, Butterfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 470 (100%) |
| Owner Occupied HU | 338 (71.9%) |
| Renter Occupied HU | 89 (18.9%) |
| Vacant Housing Units | 43 ( 9.1%) |
| Median Home Value | $171,429 |
| Average Home Value | $211,642 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
327
Multi-Family
8
Businesses
22
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 1979
5.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56120, Butterfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 470 (100%) |
| Owner Occupied HU | 338 (71.9%) |
| Renter Occupied HU | 89 (18.9%) |
| Vacant Housing Units | 43 ( 9.1%) |
| Median Home Value | $171,429 |
| Average Home Value | $211,642 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
327
Multi-Family
8
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices