201 Eastwood Dr · Sebeka, MN 56477

$79,000

3 bd · 2.0 ba · 1,280 sqft · SingleFamily · 52 Days on market

Built 2007

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.7/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful, quiet corner lot in Sebeka Mn. Just across the street from the school. Nice single family home. Off street parking for two vehicles and conveniently located right next to the mailboxes. Washer, dryer, central air, and Minnesota energy forced air furnace.

Key facts

• Off street parking
• Central air
• Corner lot

Tags

• CORNER LOT
• OFF STREET PARKING
• CENTRAL AIR

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $79k.

Deal economics

• At list price, monthly cash flow is $374 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $79k).
• Recommended offer: $77k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 70/100 on livability (#346 in MN) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, employment D, amenities F.
• Sebeka Public School District (rural): math 49% / reading 54% proficiency, ranked #117 of 301 in MN (top 39%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Sebeka Elementary (math 57% / reading 57%, grade C+, #265 of 857 statewide, top 35%, 215 students, 61% FRL); Sebeka Secondary (math 37% / reading 52%, grade F, #189 of 471 statewide, top 44%, 258 students, 52% FRL) — zoned schools average 57% FRL vs 38% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 13 active listings in the ZIP; 52 units permitted in Wadena County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $546 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Wadena County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 52 days — a 3% lower offer ($77k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $76,630 (3.0% below list)

Questions for the listing agent

1. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.47% ✓
• Cap rate: 11.98%
• Cash-on-cash: 20.31%
• DSCR: 1.90
• GRM: 5.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 12.6%
• Equity multiple: 1.50×
• Total profit: $11,056
• Equity at exit: $11,779

10-year hold

• IRR: 21.5%
• Equity multiple: 2.83×
• Total profit: $40,397
• Equity at exit: $6,830

Cash invested: $22,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 46 Balanced
• State Minnesota: 46 Balanced · D+2
• County: — inherits STATE
• City: — inherits STATE

2024 reforms strengthened tenant protections; ramsey/hennepin courts paced moderate to slow.

Methodology + full state rankings →

ZIP-level market 56477

• Home prices YoY: -6.1%
• Active inventory: 13
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,165 medium
• Mortgage (P&I): −$414
• Tax est. 1.5%: −$99 /mo · $1,185/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$245
• Net cashflow: $374

Break-even live

Break-even rent $691

Max offer price $79,000

Occupancy floor 63%

Sensitivity live

Price	-10% $429	-5% $402	+0% $374	+5% $347	+10% $320
Rent	-10% $282	-5% $328	+0% $374	+5% $420	+10% $466
Rate	-1.0pp $414	-0.5pp $394	base $374	+0.5pp $354	+1.0pp $333

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $19,750
• Closing costs: $2,370
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-21
   days on market $79,000 Active 52 DOM
2. 2026-06-21
   days on market $79,000 Active 51 DOM
3. 2026-06-18
   days on market $79,000 Active 49 DOM
4. 2026-06-17
   days on market $79,000 Active 48 DOM
5. 2026-06-16
   days on market $79,000 Active 47 DOM
6. 2026-06-15
   days on market $79,000 Active 46 DOM
7. 2026-06-13
   days on market $79,000 Active 44 DOM
8. 2026-06-12
   days on market $79,000 Active 43 DOM
9. 2026-06-09
   days on market $79,000 Active 40 DOM
10. 2026-06-08
    days on market $79,000 Active 39 DOM
11. 2026-06-07
    days on market $79,000 Active 38 DOM
12. 2026-06-05
    days on market $79,000 Active 36 DOM
13. 2026-06-04
    days on market $79,000 Active 34 DOM
14. 2026-06-02
    days on market $79,000 Active 33 DOM
15. 2026-06-01
    days on market $79,000 Active 32 DOM
16. 2026-05-31
    days on market $79,000 Active 31 DOM
17. 2026-05-31
    days on market $79,000 Active 30 DOM
18. 2026-05-12
    listed $79,000 Active 265-char remark

    Show marketing remark (265 chars)

    Beautiful, quiet corner lot in Sebeka Mn. Just across the street from the school. Nice single family home. Off street parking for two vehicles and conveniently located right next to the mailboxes. Washer, dryer, central air, and Minnesota energy forced air furnace.

19. 2026-04-29
    listed $79,000 Active 265-char remark

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥94°F today · 13 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,979
• − Mortgage interest: −$4,425
• − Property taxes: −$1,185
• − Insurance: −$395
• − Repairs & maintenance: −$1,118
• − Management: −$1,118
• − Depreciation: −$2,298
• Taxable income: $3,439
• Est. tax owed @ 24.0%: −$825
• After-tax cash flow: $3,666/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Sebeka Public School District
• NCES district ID: 2732970
• Math proficiency: 49% ▼ -8.00%
• Reading proficiency: 54% ▼ -7.00%
• Median HH income: $41,424
• Composite: 43.19/100
• National rank: #3064
• State rank: #117 of 301 in MN

Livability — Sebeka

• Score: 70/100
• State rank: #346
• US rank: #8005

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment D Housing A+ Health & safety C- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sebeka, MN
• Population (ZIP): 2,498

Population outlook (Wadena County) Hauer SSP2

• Today (2025): 13,856 people
• By 2030: 13,689 · -1.2%
• By 2040: 13,382 · -3.4%
• By 2050: 13,062 · -5.7%
• By 2075: 12,185 · -12.1%
• By 2100: 10,297 · -25.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Two or more races 7%
• Common ancestry: Portuguese 11% Italian 2% Iranian 2%
• Foreign-born: 1% · Canada
• Languages at home: 96% English-only · German/W. Germanic 2% Spanish 1%

Political lean MEDSL · Wadena

• 2024 margin: Solid R (+51.5) · D 23.6% · R 75.1% · Other 1.2%
• 2008→2024 swing: -34.1pp toward R · 2008: -17.4pp · 2024: -51.5pp
• All cycles: 2024: R+51.5 2020: R+45.5 2016: R+45.7 2012: R+24.4 2008: R+17.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -14.24%
• Current HPI: 218.835
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.41%
• F500 in state: 34

Industry mix (Fortune 500 HQ in MN)

Industry	F500 HQs	Revenue
▸Healthcare	2	$407B
▸Retail	2	$150B
▸Consumer Goods	2	$32B
▸Industrial Machinery	2	$6B
▸Agriculture	1	$40B
▸Healthcare / Medical Devices	1	$32B

Price history

+0.0% since first listed

2 events — show timeline

• 2026-05-12 Listed $79,000 FSBO.com
• 2026-04-29 Listed $79,000 Fizber.com