512 Abby LnGlencoeMN55336
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 512 Abby Ln, Glencoe, MN, 55336 in Glencoe. Priced at $279,900, it generates $2,527/mo in gross rent and $779/mo in net monthly cash flow, a 10.83% yield that comfortably supports the 1.90 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,352. Five-year appreciation: $77,331. Equity from principal paydown: $2,346/yr. Total projected cumulative return: $151,115.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 8.0% |
| Monthly Cash Flow | $779 | $250 |
City averages based on Glencoe market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,527 |
| Total Monthly Debt Service | $1,705 |
| DSCR Ratio | 1.48x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
8,886 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55336, Glencoe, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,599 (100%) |
| Owner Occupied HU | 2,583 (71.8%) |
| Renter Occupied HU | 802 (22.3%) |
| Vacant Housing Units | 214 ( 5.9%) |
| Median Home Value | $279,570 |
| Average Home Value | $324,881 |
Housing Distribution
Address Breakdown
Residential
3,497
Single Family
3,062
Multi-Family
435
Businesses
277
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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
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