580 Simon Ave WDasselMN55325
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 580 Simon Ave W, Dassel, MN, 55325 in Dassel worth modelling. At $289,000 with a 7.99% gross yield, the $1,925/mo rent leaves $120/mo after the $1,300/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.48 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $79,845 by year five; $2,662/yr in principal reduction adds further equity. Total projected return: $117,364.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.0% |
| Monthly Cash Flow | $120 | $800 |
City averages based on Dassel market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,925 |
| Total Monthly Debt Service | $1,690 |
| DSCR Ratio | 1.14x |
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 1996
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55325, Dassel, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 1,503 (72.4%) |
| Renter Occupied HU | 265 (12.8%) |
| Vacant Housing Units | 308 (14.8%) |
| Median Home Value | $346,410 |
| Average Home Value | $376,272 |
Housing Distribution
Address Breakdown
Residential
1,693
Single Family
1,594
Multi-Family
99
Businesses
105
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 1996
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55325, Dassel, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,076 (100%) |
| Owner Occupied HU | 1,503 (72.4%) |
| Renter Occupied HU | 265 (12.8%) |
| Vacant Housing Units | 308 (14.8%) |
| Median Home Value | $346,410 |
| Average Home Value | $376,272 |
Housing Distribution
Address Breakdown
Residential
1,693
Single Family
1,594
Multi-Family
99
Businesses
105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices