524 N 5th StMontevideoMN56265
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 524 N 5th St, Montevideo, MN, 56265 in Montevideo at $115,000 earns $903/mo in rent and nets $185/mo after the $517/mo payment, a 9.42% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $31,772 over five years. Ziffy Mortgage underwrites this on a 1.75 DSCR without U.S. credit history. With $1,059/yr in principal paydown, total projected return reaches $55,547.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.0% |
| Monthly Cash Flow | $185 | $500 |
City averages based on Montevideo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $903 |
| Total Monthly Debt Service | $672 |
| DSCR Ratio | 1.34x |
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 1886
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56265, Montevideo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,150 (63.4%) |
| Renter Occupied HU | 914 (27.0%) |
| Vacant Housing Units | 325 ( 9.6%) |
| Median Home Value | $177,064 |
| Average Home Value | $230,790 |
Housing Distribution
Address Breakdown
Residential
3,410
Single Family
2,995
Multi-Family
415
Businesses
346
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 1886
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56265, Montevideo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,150 (63.4%) |
| Renter Occupied HU | 914 (27.0%) |
| Vacant Housing Units | 325 ( 9.6%) |
| Median Home Value | $177,064 |
| Average Home Value | $230,790 |
Housing Distribution
Address Breakdown
Residential
3,410
Single Family
2,995
Multi-Family
415
Businesses
346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gabriela Rodriguez Melendez • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6615833
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