460 1st StHazel RunMN56241
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Hazel Run rentals match the income profile of 460 1st St, Hazel Run, MN, 56241. Listed at $123,675, gross rent is $2,515/mo and net cash flow is $1,743/mo, a 24.4% yield well above national averages. DSCR 4.52 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $34,169 by year five with $1,139/yr in annual principal reduction, projecting $159,124 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 24.4% | 6.0% |
| Monthly Cash Flow | $1,743 | $900 |
City averages based on Hazel Run market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,515 |
| Total Monthly Debt Service | $723 |
| DSCR Ratio | 3.48x |
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 1956
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56241, Granite Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,873 (100%) |
| Owner Occupied HU | 1,248 (66.6%) |
| Renter Occupied HU | 435 (23.2%) |
| Vacant Housing Units | 190 (10.1%) |
| Median Home Value | $208,222 |
| Average Home Value | $238,227 |
Housing Distribution
Address Breakdown
Residential
1,750
Single Family
1,508
Multi-Family
242
Businesses
195
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 1956
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56241, Granite Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,873 (100%) |
| Owner Occupied HU | 1,248 (66.6%) |
| Renter Occupied HU | 435 (23.2%) |
| Vacant Housing Units | 190 (10.1%) |
| Median Home Value | $208,222 |
| Average Home Value | $238,227 |
Housing Distribution
Address Breakdown
Residential
1,750
Single Family
1,508
Multi-Family
242
Businesses
195
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices