911 W 6th StGracevilleMN56240
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 911 W 6th St, Graceville, MN, 56240 in Graceville at $234,000 earns $1,578/mo in rent and nets $117/mo after the $1,052/mo payment, a 8.09% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $64,650 over five years. Ziffy Mortgage underwrites this on a 1.50 DSCR without U.S. credit history. With $2,155/yr in principal paydown, total projected return reaches $96,363.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.0% |
| Monthly Cash Flow | $117 | $350 |
City averages based on Graceville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,578 |
| Total Monthly Debt Service | $1,368 |
| DSCR Ratio | 1.15x |
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 1900
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56240, Graceville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 419 (100%) |
| Owner Occupied HU | 285 (68.0%) |
| Renter Occupied HU | 71 (16.9%) |
| Vacant Housing Units | 63 (15.0%) |
| Median Home Value | $150,403 |
| Average Home Value | $203,404 |
Housing Distribution
Address Breakdown
Residential
278
Single Family
229
Multi-Family
49
Businesses
38
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 1900
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56240, Graceville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 419 (100%) |
| Owner Occupied HU | 285 (68.0%) |
| Renter Occupied HU | 71 (16.9%) |
| Vacant Housing Units | 63 (15.0%) |
| Median Home Value | $150,403 |
| Average Home Value | $203,404 |
Housing Distribution
Address Breakdown
Residential
278
Single Family
229
Multi-Family
49
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: My State MLS
Mls ID: #11672486