341 3rd StWalnut GroveMN56180
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 341 3rd St, Walnut Grove, MN, 56180 in Walnut Grove is listed at $120,000 and delivers $955/mo in rent and $206/mo in net monthly cash flow. The 9.55% yield and 1.77 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $33,154 over five years, and $1,105/yr in principal reduction supplements cash return. Total projected cumulative return: $58,737.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $206 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $955 |
| Total Monthly Debt Service | $702 |
| DSCR Ratio | 1.36x |
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 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56180, Walnut Grove, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 534 (100%) |
| Owner Occupied HU | 349 (65.4%) |
| Renter Occupied HU | 107 (20.0%) |
| Vacant Housing Units | 78 (14.6%) |
| Median Home Value | $176,250 |
| Average Home Value | $223,761 |
Housing Distribution
Address Breakdown
Residential
448
Single Family
384
Multi-Family
64
Businesses
41
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 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56180, Walnut Grove, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 534 (100%) |
| Owner Occupied HU | 349 (65.4%) |
| Renter Occupied HU | 107 (20.0%) |
| Vacant Housing Units | 78 (14.6%) |
| Median Home Value | $176,250 |
| Average Home Value | $223,761 |
Housing Distribution
Address Breakdown
Residential
448
Single Family
384
Multi-Family
64
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Onken • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6782894