6729 County Road 58 NEOutingMN56662
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.86% gross rental yield, 6729 County Road 58 NE, Outing, MN, 56662 in Outing is priced for capital growth, not immediate cash flow. The $280,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $77,359 by year five, with $2,579/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.09) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $81,757.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.1% |
| Monthly Cash Flow | $(380) | $550 |
City averages based on Outing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,368 |
| Total Monthly Debt Service | $1,637 |
| DSCR Ratio | 0.84x |
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.
Home Type Unknown
Built in 1975
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56662, Outing, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,119 (100%) |
| Owner Occupied HU | 240 (21.4%) |
| Renter Occupied HU | 33 ( 2.9%) |
| Vacant Housing Units | 846 (75.6%) |
| Median Home Value | $413,953 |
| Average Home Value | $445,615 |
Housing Distribution
Address Breakdown
Residential
386
Single Family
386
Multi-Family
0
Businesses
34
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
Home Type Unknown
Built in 1975
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56662, Outing, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,119 (100%) |
| Owner Occupied HU | 240 (21.4%) |
| Renter Occupied HU | 33 ( 2.9%) |
| Vacant Housing Units | 846 (75.6%) |
| Median Home Value | $413,953 |
| Average Home Value | $445,615 |
Housing Distribution
Address Breakdown
Residential
386
Single Family
386
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices