7663 Highway 29MeadowlandsMN55765
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 7663 Highway 29, Meadowlands, MN, 55765 in Meadowlands: $2,760/mo in rent, $419/mo in net income, 8.83% gross yield, 1.64 DSCR, all at $374,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $103,578 in appreciation and $3,453/yr in principal paydown projects total cumulative return of $169,199.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $419 | $350 |
City averages based on Meadowlands market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,760 |
| Total Monthly Debt Service | $2,192 |
| DSCR Ratio | 1.26x |
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 1977
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55765, Meadowlands, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 442 (100%) |
| Owner Occupied HU | 306 (69.2%) |
| Renter Occupied HU | 44 ( 10.0%) |
| Vacant Housing Units | 92 (20.8%) |
| Median Home Value | $251,389 |
| Average Home Value | $367,475 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
291
Multi-Family
9
Businesses
17
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 1977
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55765, Meadowlands, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 442 (100%) |
| Owner Occupied HU | 306 (69.2%) |
| Renter Occupied HU | 44 ( 10.0%) |
| Vacant Housing Units | 92 (20.8%) |
| Median Home Value | $251,389 |
| Average Home Value | $367,475 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
291
Multi-Family
9
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Johnson • 218 Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6794579