39904 State Highway 15LewisvilleMN56060
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 39904 State Highway 15, Lewisville, MN, 56060 in Lewisville is straightforward: $199,900 in, $1,555/mo in rent, $307/mo out after debt service. The 9.34% gross yield and 1.73 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $55,229 by year five. With $1,841/yr in principal equity, the total cumulative return is projected at $95,618.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.8% |
| Monthly Cash Flow | $307 | $350 |
City averages based on Lewisville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,555 |
| Total Monthly Debt Service | $1,169 |
| DSCR Ratio | 1.33x |
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 1916
8.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56060, Lewisville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 213 (100%) |
| Owner Occupied HU | 168 (78.9%) |
| Renter Occupied HU | 27 (12.7%) |
| Vacant Housing Units | 18 ( 8.5%) |
| Median Home Value | $200,000 |
| Average Home Value | $278,125 |
Housing Distribution
Address Breakdown
Residential
93
Single Family
93
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 1916
8.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56060, Lewisville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 213 (100%) |
| Owner Occupied HU | 168 (78.9%) |
| Renter Occupied HU | 27 (12.7%) |
| Vacant Housing Units | 18 ( 8.5%) |
| Median Home Value | $200,000 |
| Average Home Value | $278,125 |
Housing Distribution
Address Breakdown
Residential
93
Single Family
93
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7026688