35960 County Road 8 BlvdGoodhueMN55027
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 35960 County Road 8 Blvd, Goodhue, MN, 55027 in Goodhue: $2,519/mo in rent, $661/mo net, 10.16% gross yield, all on a $297,500 acquisition. The 1.88 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $82,194 in value, and $2,740/yr in principal paydown steadily builds equity. Projected total cumulative return: $155,447.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $661 | $350 |
City averages based on Goodhue market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,519 |
| Total Monthly Debt Service | $1,739 |
| DSCR Ratio | 1.45x |
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 1996
4.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55027, Goodhue, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 948 (81.9%) |
| Renter Occupied HU | 148 (12.8%) |
| Vacant Housing Units | 61 ( 5.3%) |
| Median Home Value | $384,956 |
| Average Home Value | $457,097 |
Housing Distribution
Address Breakdown
Residential
1,069
Single Family
1,028
Multi-Family
41
Businesses
59
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 1996
4.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55027, Goodhue, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 948 (81.9%) |
| Renter Occupied HU | 148 (12.8%) |
| Vacant Housing Units | 61 ( 5.3%) |
| Median Home Value | $384,956 |
| Average Home Value | $457,097 |
Housing Distribution
Address Breakdown
Residential
1,069
Single Family
1,028
Multi-Family
41
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James C Althoff • Trust Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6767728
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