21093 370th StErhardMN56534
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 21093 370th St, Erhard, MN, 56534 in Erhard, $249,900, 8.42% gross yield, $194/mo net income. Consider it a market-entry position, the $1,754/mo rent covers the $1,124/mo payment with a margin, and 5%/yr appreciation is projected to add $69,043 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.56) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $107,273.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $194 | $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 | $1,754 |
| Total Monthly Debt Service | $1,461 |
| DSCR Ratio | 1.20x |
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 1991
2.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56534, Erhard, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 663 (100%) |
| Owner Occupied HU | 465 (70.1%) |
| Renter Occupied HU | 38 ( 5.7%) |
| Vacant Housing Units | 160 (24.1%) |
| Median Home Value | $402,525 |
| Average Home Value | $426,097 |
Housing Distribution
Address Breakdown
Residential
510
Single Family
504
Multi-Family
6
Businesses
23
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 1991
2.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56534, Erhard, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 663 (100%) |
| Owner Occupied HU | 465 (70.1%) |
| Renter Occupied HU | 38 ( 5.7%) |
| Vacant Housing Units | 160 (24.1%) |
| Median Home Value | $402,525 |
| Average Home Value | $426,097 |
Housing Distribution
Address Breakdown
Residential
510
Single Family
504
Multi-Family
6
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices