33489 Strawberry DrOgemaMN56569
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 33489 Strawberry Dr, Ogema, MN, 56569 in Ogema. Rental yield 3.23%. At $615,000 with 3.23% gross yield, current distributions are modest, but the 5% appreciation rate projects $169,913 in new equity by year five, complemented by $5,664/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.60) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $92,870.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.2% | 8.0% |
| Monthly Cash Flow | $(2,183) | $250 |
City averages based on Ogema market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,657 |
| Total Monthly Debt Service | $3,596 |
| DSCR Ratio | 0.46x |
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 2000
2.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56569, Ogema, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 831 (100%) |
| Owner Occupied HU | 448 (53.9%) |
| Renter Occupied HU | 133 (16.0%) |
| Vacant Housing Units | 250 (30.1%) |
| Median Home Value | $308,403 |
| Average Home Value | $332,835 |
Housing Distribution
Address Breakdown
Residential
412
Single Family
367
Multi-Family
45
Businesses
20
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 2000
2.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56569, Ogema, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 831 (100%) |
| Owner Occupied HU | 448 (53.9%) |
| Renter Occupied HU | 133 (16.0%) |
| Vacant Housing Units | 250 (30.1%) |
| Median Home Value | $308,403 |
| Average Home Value | $332,835 |
Housing Distribution
Address Breakdown
Residential
412
Single Family
367
Multi-Family
45
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices