86 6th STREETHokahMN55941
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 86 6th STREET, Hokah, MN, 55941 in Hokah is capital appreciation. Rental yield 5.54%. The 5.54% gross yield at $259,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $71,806 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.03) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $71,412.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 8.2% |
| Monthly Cash Flow | $(423) | $450 |
City averages based on Hokah market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,200 |
| Total Monthly Debt Service | $1,520 |
| DSCR Ratio | 0.79x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1890
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55941, Hokah, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 532 (100%) |
| Owner Occupied HU | 424 (79.7%) |
| Renter Occupied HU | 67 (12.6%) |
| Vacant Housing Units | 41 ( 7.7%) |
| Median Home Value | $334,328 |
| Average Home Value | $398,962 |
Housing Distribution
Address Breakdown
Residential
230
Single Family
230
Multi-Family
0
Businesses
27
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 1890
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55941, Hokah, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 532 (100%) |
| Owner Occupied HU | 424 (79.7%) |
| Renter Occupied HU | 67 (12.6%) |
| Vacant Housing Units | 41 ( 7.7%) |
| Median Home Value | $334,328 |
| Average Home Value | $398,962 |
Housing Distribution
Address Breakdown
Residential
230
Single Family
230
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices