340 Ridge RdLe SueurMN56058
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 340 Ridge Rd, Le Sueur, MN, 56058 in Le Sueur deserves attention. This $304,650 property earns $2,621/mo in rent, a 10.32% gross yield, and nets $718/mo after the $1,444/mo payment. DSCR 1.82 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $84,169 compounds alongside $2,554/yr in yearly equity build, for a total cumulative return of $156,139.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.0% |
| Monthly Cash Flow | $718 | $800 |
City averages based on Le Sueur 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 | $2,621 |
| Total Monthly Debt Service | $1,855 |
| DSCR Ratio | 1.41x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56058, Le Sueur, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,657 (100%) |
| Owner Occupied HU | 1,876 (70.6%) |
| Renter Occupied HU | 624 (23.5%) |
| Vacant Housing Units | 157 ( 5.9%) |
| Median Home Value | $317,563 |
| Average Home Value | $340,220 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,353
Multi-Family
340
Businesses
203
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
