3928 State Highway 200GaryMN56545
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $125,000, 3928 State Highway 200, Gary, MN, 56545 in Gary generates $949/mo in rent (9.11% yield) but nets only $168/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.69) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $34,535. Total projected return: $58,315.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.5% |
| Monthly Cash Flow | $168 | $250 |
City averages based on Gary market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $949 |
| Total Monthly Debt Service | $731 |
| DSCR Ratio | 1.30x |
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 1930
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56545, Gary, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 270 (100%) |
| Owner Occupied HU | 201 (74.4%) |
| Renter Occupied HU | 34 (12.6%) |
| Vacant Housing Units | 35 (13.0%) |
| Median Home Value | $205,000 |
| Average Home Value | $214,627 |
Housing Distribution
Address Breakdown
Residential
248
Single Family
248
Multi-Family
0
Businesses
17
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
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56545, Gary, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 270 (100%) |
| Owner Occupied HU | 201 (74.4%) |
| Renter Occupied HU | 34 (12.6%) |
| Vacant Housing Units | 35 (13.0%) |
| Median Home Value | $205,000 |
| Average Home Value | $214,627 |
Housing Distribution
Address Breakdown
Residential
248
Single Family
248
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices