6045 20th St SWMontevideoMN56265
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 6045 20th St SW, Montevideo, MN, 56265 in Montevideo. Rental yield 5.07%. At $488,400 with 5.07% gross yield, current distributions are modest, but the 5% appreciation rate projects $134,936 in new equity by year five, complemented by $4,498/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.94) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $121,882.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 7.0% |
| Monthly Cash Flow | $(986) | $500 |
City averages based on Montevideo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,064 |
| Total Monthly Debt Service | $2,855 |
| DSCR Ratio | 0.72x |
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 1963
11.20 Acres 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 1963
11.20 Acres 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: Bruce D Vien • Kuhlmann Real Estate, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6816846