11764 5th St NEHanoverMN55341
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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
Investment property for sale in Hanover at 11764 5th St NE, Hanover, MN, 55341 listed at $659,900 pairs $4,924/mo rent with a $3,230/mo payment to leave $803/mo cash flow. Total monthly income runs $4,924/mo, and annual cash flow reaches $9,638/yr on $217,107 cash to close. Return on cash invested measures 24.5% in year one, and rental yield registers 8.95% at a $659,900 basis. Equity gained on principal adds $4,258/yr, and annual property appreciation at 5% supports $182,318 by year five. Five-year ROI tracks 127.51% and total cumulative return in cash totals $276,830. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,924/mo property income relative to a $3,230/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55341, Hanover, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,392 (100%) |
| Owner Occupied HU | 1,273 (91.5%) |
| Renter Occupied HU | 101 ( 7.3%) |
| Vacant Housing Units | 18 ( 1.3%) |
| Median Home Value | $441,304 |
| Average Home Value | $476,416 |
Housing Distribution
Address Breakdown
Residential
1,271
Single Family
1,267
Multi-Family
4
Businesses
78
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