40640 County Road 128Deer RiverMN56636
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 40640 County Road 128, Deer River, MN, 56636 in Deer River earns a 8.75% gross yield at $529,900. Rent of $3,865/mo nets $556/mo after the $2,383/mo mortgage. The 1.62 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $146,402 and $4,880/yr in equity accumulation project a total cumulative return of $236,825.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.0% |
| Monthly Cash Flow | $556 | $400 |
City averages based on Deer River market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,865 |
| Total Monthly Debt Service | $3,098 |
| DSCR Ratio | 1.25x |
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 2006
17.01 Acres lot
$N/A/sqft
No HOA
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 2006
17.01 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexandra E. Bloch • EDGE OF THE WILDERNESS REALTY
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6796480