38886 Us Highway 59WaubunMN56589
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 38886 Us Highway 59, Waubun, MN, 56589 in Waubun. Priced at $215,000, it generates $1,982/mo in gross rent and $640/mo in net monthly cash flow, a 11.06% yield that comfortably supports the 2.05 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,678. Five-year appreciation: $59,401. Equity from principal paydown: $1,980/yr. Total projected cumulative return: $122,704.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.2% |
| Monthly Cash Flow | $640 | $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 | $1,982 |
| Total Monthly Debt Service | $1,257 |
| DSCR Ratio | 1.58x |
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 1925
14.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56589, Waubun, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 544 (48.5%) |
| Renter Occupied HU | 178 (15.9%) |
| Vacant Housing Units | 400 (35.7%) |
| Median Home Value | $245,139 |
| Average Home Value | $266,512 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
628
Multi-Family
48
Businesses
29
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 1925
14.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56589, Waubun, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 544 (48.5%) |
| Renter Occupied HU | 178 (15.9%) |
| Vacant Housing Units | 400 (35.7%) |
| Median Home Value | $245,139 |
| Average Home Value | $266,512 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
628
Multi-Family
48
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices