436 2nd Ave EHalstadMN56548
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play436 2nd Ave E, Halstad, MN, 56548 in Halstad is priced for appreciation, not yield. Rental yield 2.26%. At $378,000 with a 2.26% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $104,434 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.42) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $37,221.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 7.2% |
| Monthly Cash Flow | $(1,650) | $400 |
City averages based on Halstad market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $710 |
| Total Monthly Debt Service | $2,210 |
| DSCR Ratio | 0.32x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1976
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56548, Halstad, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 231 (63.6%) |
| Renter Occupied HU | 51 (14.0%) |
| Vacant Housing Units | 81 (22.3%) |
| Median Home Value | $165,278 |
| Average Home Value | $234,838 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
204
Multi-Family
48
Businesses
26
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 1976
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56548, Halstad, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 231 (63.6%) |
| Renter Occupied HU | 51 (14.0%) |
| Vacant Housing Units | 81 (22.3%) |
| Median Home Value | $165,278 |
| Average Home Value | $234,838 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
204
Multi-Family
48
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices