608 4th StKelliherMN56650
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 608 4th St, Kelliher, MN, 56650 in Kelliher: $2,305/mo in rent, $808/mo net, 11.54% gross yield, all on a $239,800 acquisition. The 2.14 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $66,252 in value, and $2,209/yr in principal paydown steadily builds equity. Projected total cumulative return: $143,016.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 8.0% |
| Monthly Cash Flow | $808 | $350 |
City averages based on Kelliher market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,305 |
| Total Monthly Debt Service | $1,402 |
| DSCR Ratio | 1.64x |
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.
Manufactured
Built in 1995
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56650, Kelliher, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 566 (100%) |
| Owner Occupied HU | 267 (47.2%) |
| Renter Occupied HU | 63 (11.1%) |
| Vacant Housing Units | 236 (41.7%) |
| Median Home Value | $233,108 |
| Average Home Value | $257,978 |
Housing Distribution
Address Breakdown
Residential
240
Single Family
224
Multi-Family
16
Businesses
25
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
Manufactured
Built in 1995
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56650, Kelliher, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 566 (100%) |
| Owner Occupied HU | 267 (47.2%) |
| Renter Occupied HU | 63 (11.1%) |
| Vacant Housing Units | 236 (41.7%) |
| Median Home Value | $233,108 |
| Average Home Value | $257,978 |
Housing Distribution
Address Breakdown
Residential
240
Single Family
224
Multi-Family
16
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices