556 5th AveBoveyMN55716
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 556 5th Ave, Bovey, MN, 55716 in Bovey worth study. Rental yield 0%. The 0% gross yield is below cash-flow benchmarks at $199,900, but 5% annual appreciation, adding $55,229 over five years, frames this as a capital growth position. Rent of $0/mo partially offsets the $899/mo payment. Ziffy Mortgage finances appreciation-play properties (0.00 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $600 |
City averages based on Bovey market data in our database. Property projections are estimates.
Single Family
Built in 1885
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55716, Calumet, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 170 (100%) |
| Owner Occupied HU | 118 (69.4%) |
| Renter Occupied HU | 28 (16.5%) |
| Vacant Housing Units | 24 (14.1%) |
| Median Home Value | $336,364 |
| Average Home Value | $340,763 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1885
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55716, Calumet, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 170 (100%) |
| Owner Occupied HU | 118 (69.4%) |
| Renter Occupied HU | 28 (16.5%) |
| Vacant Housing Units | 24 (14.1%) |
| Median Home Value | $336,364 |
| Average Home Value | $340,763 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices