413 N 6th StKeewatinMN55753
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 413 N 6th St, Keewatin, MN, 55753 in Keewatin hard to pass up. The 14.06% gross yield on a $146,200 purchase results in $1,712/mo in rent and $799/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.61). Annual cash flow of $9,593, five-year appreciation of $40,392, and $1,347/yr in equity build-up combine for a projected total cumulative return of $106,940.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 7.0% |
| Monthly Cash Flow | $799 | $350 |
City averages based on Keewatin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,712 |
| Total Monthly Debt Service | $855 |
| DSCR Ratio | 2.00x |
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 1960
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55753, Keewatin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 500 (100%) |
| Owner Occupied HU | 326 (65.2%) |
| Renter Occupied HU | 109 (21.8%) |
| Vacant Housing Units | 65 (13.0%) |
| Median Home Value | $72,222 |
| Average Home Value | $97,661 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
36
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 1960
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55753, Keewatin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 500 (100%) |
| Owner Occupied HU | 326 (65.2%) |
| Renter Occupied HU | 109 (21.8%) |
| Vacant Housing Units | 65 (13.0%) |
| Median Home Value | $72,222 |
| Average Home Value | $97,661 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices