509 Brandt Ave NFosstonMN56542
INVESTMENT ANALYSIS
Investment Verdict
Solid Income509 Brandt Ave N, Fosston, MN, 56542 in Fosston is a solid income-producing rental, 9.06% gross yield, $1,478/mo rent, $255/mo net cash flow on a $195,900 buy. DSCR 1.68 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $54,124 and $1,804/yr in principal reduction project a total cumulative return of $90,740.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $255 | $400 |
City averages based on Fosston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,478 |
| Total Monthly Debt Service | $1,145 |
| DSCR Ratio | 1.29x |
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 1962
10,337 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56542, Fosston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,232 (100%) |
| Owner Occupied HU | 781 (63.4%) |
| Renter Occupied HU | 277 (22.5%) |
| Vacant Housing Units | 174 (14.1%) |
| Median Home Value | $212,500 |
| Average Home Value | $258,390 |
Housing Distribution
Address Breakdown
Residential
1,176
Single Family
1,052
Multi-Family
124
Businesses
138
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 1962
10,337 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56542, Fosston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,232 (100%) |
| Owner Occupied HU | 781 (63.4%) |
| Renter Occupied HU | 277 (22.5%) |
| Vacant Housing Units | 174 (14.1%) |
| Median Home Value | $212,500 |
| Average Home Value | $258,390 |
Housing Distribution
Address Breakdown
Residential
1,176
Single Family
1,052
Multi-Family
124
Businesses
138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices