39285 190th Ave SEErskineMN56535
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 39285 190th Ave SE, Erskine, MN, 56535 in Erskine speaks for itself: 11.55% gross on a $207,000 price, generating $1,992/mo in rent and $699/mo in net income after the $931/mo debt service. DSCR 2.14, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,393 stacks alongside $57,190 in projected five-year appreciation and $1,906/yr in principal reduction. Projected total cumulative return: $123,569.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 7.2% |
| Monthly Cash Flow | $699 | $150 |
City averages based on Erskine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,992 |
| Total Monthly Debt Service | $1,210 |
| DSCR Ratio | 1.65x |
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 2008
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56535, Erskine, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 845 (100%) |
| Owner Occupied HU | 426 (50.4%) |
| Renter Occupied HU | 100 (11.8%) |
| Vacant Housing Units | 319 (37.8%) |
| Median Home Value | $275,926 |
| Average Home Value | $305,188 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
533
Multi-Family
29
Businesses
52
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 2008
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56535, Erskine, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 845 (100%) |
| Owner Occupied HU | 426 (50.4%) |
| Renter Occupied HU | 100 (11.8%) |
| Vacant Housing Units | 319 (37.8%) |
| Median Home Value | $275,926 |
| Average Home Value | $305,188 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
533
Multi-Family
29
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices