7418 450th StHarrisMN55032
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe income profile at 7418 450th St, Harris, MN, 55032 in Harris is straightforward: $479,900 in, $3,197/mo in rent, $200/mo out after debt service. The 7.99% gross yield and 1.48 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $132,588 by year five. With $4,420/yr in principal equity, the total cumulative return is projected at $195,027.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.1% |
| Monthly Cash Flow | $200 | $250 |
City averages based on Harris market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,197 |
| Total Monthly Debt Service | $2,806 |
| DSCR Ratio | 1.14x |
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 2011
4.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55032, Harris, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,502 (100%) |
| Owner Occupied HU | 1,265 (84.2%) |
| Renter Occupied HU | 97 ( 6.5%) |
| Vacant Housing Units | 140 ( 9.3%) |
| Median Home Value | $368,854 |
| Average Home Value | $391,358 |
Housing Distribution
Address Breakdown
Residential
1,359
Single Family
1,342
Multi-Family
17
Businesses
66
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 2011
4.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55032, Harris, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,502 (100%) |
| Owner Occupied HU | 1,265 (84.2%) |
| Renter Occupied HU | 97 ( 6.5%) |
| Vacant Housing Units | 140 ( 9.3%) |
| Median Home Value | $368,854 |
| Average Home Value | $391,358 |
Housing Distribution
Address Breakdown
Residential
1,359
Single Family
1,342
Multi-Family
17
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices