755 240th Ave SWAppletonMN56208
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder755 240th Ave SW, Appleton, MN, 56208 in Appleton is a stable, well-positioned rental at $299,000. Rental yield 7.22%. DSCR 1.34 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $82,608 in value and $2,754/yr in principal paydown builds equity, a total projected return of $109,200.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 8.5% |
| Monthly Cash Flow | $(67) | $350 |
City averages based on Appleton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $1,748 |
| DSCR Ratio | 1.03x |
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 1998
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56208, Appleton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,137 (100%) |
| Owner Occupied HU | 615 (54.1%) |
| Renter Occupied HU | 241 (21.2%) |
| Vacant Housing Units | 281 (24.7%) |
| Median Home Value | $111,890 |
| Average Home Value | $182,581 |
Housing Distribution
Address Breakdown
Residential
986
Single Family
864
Multi-Family
122
Businesses
92
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 1998
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56208, Appleton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,137 (100%) |
| Owner Occupied HU | 615 (54.1%) |
| Renter Occupied HU | 241 (21.2%) |
| Vacant Housing Units | 281 (24.7%) |
| Median Home Value | $111,890 |
| Average Home Value | $182,581 |
Housing Distribution
Address Breakdown
Residential
986
Single Family
864
Multi-Family
122
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices