11638 Eckert Ave SEDelanoMN55328
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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 11638 Eckert Ave SE, Delano, MN, 55328 generates $4,459/mo in rent, after a $6,534/mo payment. Total monthly income is $4,459/mo. Return on cash invested sits at 9.61% in year one, and rental yield is 4.01% on a $1,335,000 entry. Equity gained on principal adds $8,615/yr, while 5% annual appreciation builds toward $368,836 over five years. Five-year ROI reaches 47.61% and total cumulative return in cash sums $205,920. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,459/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
3.82 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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