360 McGrann StGreen IsleMN55338
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 360 McGrann St, Green Isle, MN, 55338 in Green Isle at $157,500 earns $1,188/mo in rent and nets $89/mo after the $708/mo payment, a 9.05% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $43,514 over five years. Ziffy Mortgage underwrites this on a 1.68 DSCR without U.S. credit history. With $1,451/yr in principal paydown, total projected return reaches $66,011.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.5% |
| Monthly Cash Flow | $89 | $650 |
City averages based on Green Isle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,188 |
| Total Monthly Debt Service | $1,036 |
| DSCR Ratio | 1.15x |
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 1921
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55338, Green Isle, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 490 (100%) |
| Owner Occupied HU | 404 (82.4%) |
| Renter Occupied HU | 39 ( 8.0%) |
| Vacant Housing Units | 47 ( 9.6%) |
| Median Home Value | $393,701 |
| Average Home Value | $435,972 |
Housing Distribution
Address Breakdown
Residential
466
Single Family
466
Multi-Family
0
Businesses
14
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 1921
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55338, Green Isle, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 490 (100%) |
| Owner Occupied HU | 404 (82.4%) |
| Renter Occupied HU | 39 ( 8.0%) |
| Vacant Housing Units | 47 ( 9.6%) |
| Median Home Value | $393,701 |
| Average Home Value | $435,972 |
Housing Distribution
Address Breakdown
Residential
466
Single Family
466
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Huls • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6658976
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