401 E Lake StOsakisMN56360
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 401 E Lake St, Osakis, MN, 56360 in Osakis is straightforward: $265,000 in, $2,003/mo in rent, $348/mo out after debt service. The 9.07% gross yield and 1.68 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $73,215 by year five. With $2,441/yr in principal equity, the total cumulative return is projected at $122,971.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $348 | $550 |
City averages based on Osakis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,003 |
| Total Monthly Debt Service | $1,549 |
| DSCR Ratio | 1.29x |
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 1890
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56360, Osakis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,701 (100%) |
| Owner Occupied HU | 1,453 (53.8%) |
| Renter Occupied HU | 315 (11.7%) |
| Vacant Housing Units | 933 (34.5%) |
| Median Home Value | $307,944 |
| Average Home Value | $348,918 |
Housing Distribution
Address Breakdown
Residential
1,725
Single Family
1,610
Multi-Family
115
Businesses
98
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 1890
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56360, Osakis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,701 (100%) |
| Owner Occupied HU | 1,453 (53.8%) |
| Renter Occupied HU | 315 (11.7%) |
| Vacant Housing Units | 933 (34.5%) |
| Median Home Value | $307,944 |
| Average Home Value | $348,918 |
Housing Distribution
Address Breakdown
Residential
1,725
Single Family
1,610
Multi-Family
115
Businesses
98
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices