1116 74th Ct WInver Grove HeightsMN55077
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
Investment property for sale in Inver Grove Heights at 1116 74th Ct W, Inver Grove Heights, MN, 55077 earns from $4,800/mo rent with a $4,004/mo payment. Total monthly income totals $4,800/mo. ROI tracks 18.33% on current figures, and rental yield reads 7.04% at a $818,010 purchase. Equity gained on principal adds $5,278/yr, and 5% annual appreciation supports $226,001 over five years. Five-year ROI reaches 94.54% and total cumulative return in cash sums $254,422. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,800/mo property income instead of your personal income.
Single Family
Built in 2024
9,583 sqft lot
$N/A/sqft
$240 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55077, Inver Grove Heights, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,829 (100%) |
| Owner Occupied HU | 3,506 (60.1%) |
| Renter Occupied HU | 2,076 (35.6%) |
| Vacant Housing Units | 247 ( 4.2%) |
| Median Home Value | $569,066 |
| Average Home Value | $584,829 |
Housing Distribution
Address Breakdown
Residential
5,786
Single Family
4,015
Multi-Family
1,771
Businesses
175
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Nearby investment properties with comparable prices
Listed by: Lennar Minnesota • Lennar Sales Corp
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6614587
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