621 1st Ave SEPine IslandMN55963
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 621 1st Ave SE, Pine Island, MN, 55963 in Pine Island. Rental yield 6.57%. The 1.22 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $109,684 and $3,656/yr in principal reduction project total return of $131,000.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 5.5% |
| Monthly Cash Flow | $(306) | $450 |
City averages based on Pine Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,173 |
| Total Monthly Debt Service | $2,321 |
| DSCR Ratio | 0.94x |
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 1914
6,098 sqft lot
$N/A/sqft
No HOA
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 1914
6,098 sqft lot
$N/A/sqft
No HOA
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: #7040860