730 Lee Ave SECokatoMN55321
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 730 Lee Ave SE, Cokato, MN, 55321 in Cokato: $3,496/mo in rent, $1,129/mo net, 11.07% gross yield, all on a $379,000 acquisition. The 2.05 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 $104,711 in value, and $3,491/yr in principal paydown steadily builds equity. Projected total cumulative return: $216,518.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.0% |
| Monthly Cash Flow | $1,129 | $350 |
City averages based on Cokato market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,496 |
| Total Monthly Debt Service | $2,216 |
| DSCR Ratio | 1.58x |
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 1955
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55321, Cokato, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,991 (100%) |
| Owner Occupied HU | 1,392 (69.9%) |
| Renter Occupied HU | 461 (23.2%) |
| Vacant Housing Units | 138 ( 6.9%) |
| Median Home Value | $332,773 |
| Average Home Value | $376,708 |
Housing Distribution
Address Breakdown
Residential
1,632
Single Family
1,443
Multi-Family
189
Businesses
176
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 1955
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55321, Cokato, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,991 (100%) |
| Owner Occupied HU | 1,392 (69.9%) |
| Renter Occupied HU | 461 (23.2%) |
| Vacant Housing Units | 138 ( 6.9%) |
| Median Home Value | $332,773 |
| Average Home Value | $376,708 |
Housing Distribution
Address Breakdown
Residential
1,632
Single Family
1,443
Multi-Family
189
Businesses
176
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices