104 Hummingbird WayDelanoMN55328
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
Investment Highlights
Rental property for sale in Delano at 104 Hummingbird Way, Delano, MN, 55328 priced at $535,000 pairs $4,559/mo rent with $1,218/mo cash flow after a $2,619/mo payment. Total monthly income equals $4,559/mo, and annual cash flow comes to $14,613/yr on $176,015 invested. Return on cash invested is 28.36% in year one, and rental yield stands at 10.23% on a $535,000 basis. Equity gained on principal adds $3,452/yr, and 5% annual appreciation accumulates to $147,811 by year five. Five-year ROI measures 148.22% and total cumulative return in cash reaches $260,896. For financing, Ziffy Mortgage’s DSCR program evaluates $4,559/mo property income against a $2,619/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55328, Delano, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 3,325 (81.3%) |
| Renter Occupied HU | 603 (14.8%) |
| Vacant Housing Units | 160 ( 3.9%) |
| Median Home Value | $440,909 |
| Average Home Value | $499,955 |
Housing Distribution
Address Breakdown
Residential
3,819
Single Family
3,446
Multi-Family
373
Businesses
293
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