7611 County Road 73 NENelsonMN56355
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play7611 County Road 73 NE, Nelson, MN, 56355 in Nelson is priced for appreciation, not yield. Rental yield 5.37%. At $399,900 with a 5.37% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $110,485 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.94) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $98,663.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 5.5% |
| Monthly Cash Flow | $(708) | $450 |
City averages based on Nelson market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,789 |
| Total Monthly Debt Service | $2,436 |
| DSCR Ratio | 0.73x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56355, Nelson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 298 (100%) |
| Owner Occupied HU | 254 (85.2%) |
| Renter Occupied HU | 19 ( 6.4%) |
| Vacant Housing Units | 25 ( 8.4%) |
| Median Home Value | $381,579 |
| Average Home Value | $484,715 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
208
Multi-Family
0
Businesses
16
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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
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Nearby investment properties with comparable prices
