58644 280th StDeer CreekMN56527
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 58644 280th St, Deer Creek, MN, 56527 in Deer Creek is a conservative rental investment at $259,000. Rental yield 6.1%. A 1.13 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $71,557; $2,385/yr in principal paydown supplements. Total projected return: $79,013.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 6.2% |
| Monthly Cash Flow | $(300) | $1,200 |
City averages based on Deer Creek market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,318 |
| Total Monthly Debt Service | $1,514 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1940
15.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56527, Deer Creek, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 411 (100%) |
| Owner Occupied HU | 305 (74.2%) |
| Renter Occupied HU | 46 (11.2%) |
| Vacant Housing Units | 60 (14.6%) |
| Median Home Value | $309,615 |
| Average Home Value | $324,861 |
Housing Distribution
Address Breakdown
Residential
302
Single Family
282
Multi-Family
20
Businesses
21
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 1940
15.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56527, Deer Creek, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 411 (100%) |
| Owner Occupied HU | 305 (74.2%) |
| Renter Occupied HU | 46 (11.2%) |
| Vacant Housing Units | 60 (14.6%) |
| Median Home Value | $309,615 |
| Average Home Value | $324,861 |
Housing Distribution
Address Breakdown
Residential
302
Single Family
282
Multi-Family
20
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7040689