606 S 10th StOliviaMN56277
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 606 S 10th St, Olivia, MN, 56277 in Olivia speaks for itself: 10.48% gross on a $249,000 price, generating $2,176/mo in rent and $621/mo in net income after the $1,120/mo debt service. DSCR 1.94, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,449 stacks alongside $68,794 in projected five-year appreciation and $2,293/yr in principal reduction. Projected total cumulative return: $134,433.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.5% |
| Monthly Cash Flow | $621 | $500 |
City averages based on Olivia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,176 |
| Total Monthly Debt Service | $1,456 |
| DSCR Ratio | 1.49x |
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 1951
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56277, Olivia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,418 (100%) |
| Owner Occupied HU | 905 (63.8%) |
| Renter Occupied HU | 369 (26.0%) |
| Vacant Housing Units | 144 (10.2%) |
| Median Home Value | $226,480 |
| Average Home Value | $261,130 |
Housing Distribution
Address Breakdown
Residential
1,331
Single Family
1,143
Multi-Family
188
Businesses
207
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 1951
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56277, Olivia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,418 (100%) |
| Owner Occupied HU | 905 (63.8%) |
| Renter Occupied HU | 369 (26.0%) |
| Vacant Housing Units | 144 (10.2%) |
| Median Home Value | $226,480 |
| Average Home Value | $261,130 |
Housing Distribution
Address Breakdown
Residential
1,331
Single Family
1,143
Multi-Family
188
Businesses
207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices