504 Minnesota StOstranderMN55961
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 504 Minnesota St, Ostrander, MN, 55961 in Ostrander is straightforward: $172,000 in, $1,333/mo in rent, $259/mo out after debt service. The 9.3% gross yield and 1.72 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $47,520 by year five. With $1,584/yr in principal equity, the total cumulative return is projected at $81,968.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $259 | $500 |
City averages based on Ostrander market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,333 |
| Total Monthly Debt Service | $1,006 |
| DSCR Ratio | 1.33x |
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 1945
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55961, Ostrander, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 201 (100%) |
| Owner Occupied HU | 149 (74.1%) |
| Renter Occupied HU | 17 ( 8.5%) |
| Vacant Housing Units | 35 (17.4%) |
| Median Home Value | $273,214 |
| Average Home Value | $318,255 |
Housing Distribution
Address Breakdown
Residential
90
Single Family
90
Multi-Family
0
Businesses
10
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 1945
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55961, Ostrander, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 201 (100%) |
| Owner Occupied HU | 149 (74.1%) |
| Renter Occupied HU | 17 ( 8.5%) |
| Vacant Housing Units | 35 (17.4%) |
| Median Home Value | $273,214 |
| Average Home Value | $318,255 |
Housing Distribution
Address Breakdown
Residential
90
Single Family
90
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices