350 Highland AveButterfieldMN56120
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 350 Highland Ave, Butterfield, MN, 56120 in Butterfield is a conservative rental investment at $214,500. Rental yield 6.16%. A 1.14 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $59,262; $1,976/yr in principal paydown supplements. Total projected return: $65,984.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 6.0% |
| Monthly Cash Flow | $(239) | $550 |
City averages based on Butterfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,100 |
| Total Monthly Debt Service | $1,254 |
| DSCR Ratio | 0.88x |
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 1930
0.54 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 1930
0.54 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
Listed by: Gary Sturm • Mayberry Realty
Mls Name: RASM
Mls ID: #7039460