202 3rd StHaywardMN56043
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8% yield at 202 3rd St, Hayward, MN, 56043 in Hayward is solid, but the $1,169/mo payment compresses net cash flow to $110/mo at $259,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $71,806 by year five, and $2,394/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.48) without U.S. income documentation. Total projected return: $105,720.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $110 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
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 | $1,733 |
| Total Monthly Debt Service | $1,520 |
| DSCR Ratio | 1.14x |
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 1961
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56043, Hayward, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 177 (81.2%) |
| Renter Occupied HU | 22 (10.1%) |
| Vacant Housing Units | 19 ( 8.7%) |
| Median Home Value | $248,438 |
| Average Home Value | $290,791 |
Housing Distribution
Address Breakdown
Residential
126
Single Family
126
Multi-Family
0
Businesses
13
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 1961
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56043, Hayward, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 177 (81.2%) |
| Renter Occupied HU | 22 (10.1%) |
| Vacant Housing Units | 19 ( 8.7%) |
| Median Home Value | $248,438 |
| Average Home Value | $290,791 |
Housing Distribution
Address Breakdown
Residential
126
Single Family
126
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices