735 1st St SMiddle RiverMN56737
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Middle River rental at 735 1st St S, Middle River, MN, 56737 sits in the solid-income band: 10.18% gross yield, $1,310/mo rent, $346/mo net after the $695/mo debt service, DSCR 1.88. Entry price of $154,500 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $42,686 and $1,423/yr in principal reduction bring total cumulative return to $80,842.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $346 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,310 |
| Total Monthly Debt Service | $903 |
| DSCR Ratio | 1.45x |
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 1979
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56737, Middle River, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 382 (100%) |
| Owner Occupied HU | 288 (75.4%) |
| Renter Occupied HU | 50 (13.1%) |
| Vacant Housing Units | 44 (11.5%) |
| Median Home Value | $214,634 |
| Average Home Value | $227,882 |
Housing Distribution
Address Breakdown
Residential
360
Single Family
340
Multi-Family
20
Businesses
21
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 1979
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56737, Middle River, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 382 (100%) |
| Owner Occupied HU | 288 (75.4%) |
| Renter Occupied HU | 50 (13.1%) |
| Vacant Housing Units | 44 (11.5%) |
| Median Home Value | $214,634 |
| Average Home Value | $227,882 |
Housing Distribution
Address Breakdown
Residential
360
Single Family
340
Multi-Family
20
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diedre Nordin • Nordin Realty Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6702674
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