3641 120th St NEKandiyohiMN56251
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 3641 120th St NE, Kandiyohi, MN, 56251 in Kandiyohi. Rental yield 1.98%. At $455,000 with 1.98% gross yield, current distributions are modest, but the 5% appreciation rate projects $125,708 in new equity by year five, complemented by $4,191/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.37) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $38,074.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2% | 7.0% |
| Monthly Cash Flow | $(2,091) | $650 |
City averages based on Kandiyohi market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $750 |
| Total Monthly Debt Service | $2,660 |
| DSCR Ratio | 0.28x |
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 2002
11.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56251, Kandiyohi, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 451 (100%) |
| Owner Occupied HU | 331 (73.4%) |
| Renter Occupied HU | 95 (21.1%) |
| Vacant Housing Units | 25 ( 5.5%) |
| Median Home Value | $326,786 |
| Average Home Value | $373,520 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
279
Multi-Family
48
Businesses
20
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 2002
11.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56251, Kandiyohi, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 451 (100%) |
| Owner Occupied HU | 331 (73.4%) |
| Renter Occupied HU | 95 (21.1%) |
| Vacant Housing Units | 25 ( 5.5%) |
| Median Home Value | $326,786 |
| Average Home Value | $373,520 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
279
Multi-Family
48
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices