504 Lakin Ave NWKelliherMN56650
INVESTMENT ANALYSIS
Investment Verdict
Solid Income504 Lakin Ave NW, Kelliher, MN, 56650 in Kelliher is a solid income-producing rental, 8.33% gross yield, $2,219/mo rent, $222/mo net cash flow on a $319,800 buy. DSCR 1.54 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $88,355 and $2,945/yr in principal reduction project a total cumulative return of $135,662.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $222 | $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 | $2,219 |
| Total Monthly Debt Service | $1,870 |
| DSCR Ratio | 1.19x |
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 2023
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56650, Kelliher, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 566 (100%) |
| Owner Occupied HU | 267 (47.2%) |
| Renter Occupied HU | 63 (11.1%) |
| Vacant Housing Units | 236 (41.7%) |
| Median Home Value | $233,108 |
| Average Home Value | $257,978 |
Housing Distribution
Address Breakdown
Residential
240
Single Family
224
Multi-Family
16
Businesses
25
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 2023
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56650, Kelliher, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 566 (100%) |
| Owner Occupied HU | 267 (47.2%) |
| Renter Occupied HU | 63 (11.1%) |
| Vacant Housing Units | 236 (41.7%) |
| Median Home Value | $233,108 |
| Average Home Value | $257,978 |
Housing Distribution
Address Breakdown
Residential
240
Single Family
224
Multi-Family
16
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices