32552 115th AveEagle BendMN56446
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 32552 115th Ave, Eagle Bend, MN, 56446 in Eagle Bend is capital appreciation. Rental yield 4.08%. The 4.08% gross yield at $869,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $240,089 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.76) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $170,769.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 6.3% |
| Monthly Cash Flow | $(2,470) | $180 |
City averages based on Eagle Bend 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 | $2,957 |
| Total Monthly Debt Service | $5,081 |
| DSCR Ratio | 0.58x |
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 2002
159.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56446, Eagle Bend, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 776 (100%) |
| Owner Occupied HU | 549 (70.7%) |
| Renter Occupied HU | 120 (15.5%) |
| Vacant Housing Units | 107 (13.8%) |
| Median Home Value | $207,292 |
| Average Home Value | $255,246 |
Housing Distribution
Address Breakdown
Residential
549
Single Family
525
Multi-Family
24
Businesses
35
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 2002
159.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56446, Eagle Bend, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 776 (100%) |
| Owner Occupied HU | 549 (70.7%) |
| Renter Occupied HU | 120 (15.5%) |
| Vacant Housing Units | 107 (13.8%) |
| Median Home Value | $207,292 |
| Average Home Value | $255,246 |
Housing Distribution
Address Breakdown
Residential
549
Single Family
525
Multi-Family
24
Businesses
35
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: #7078474