119 Hall LnAldenMN56009
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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 Alden at 119 Hall Ln, Alden, MN, 56009 offers a 9% rental yield on a $374,900 purchase with $2,813/mo rent. Total monthly income registers $2,813/mo, and a $1,835/mo payment leaves $472/mo available for distribution. Annual cash flow reaches $5,663/yr on $124,279 to close, and return on cash invested stands at 24.47% in year one. Equity gained on principal adds $2,419/yr while 5% annual appreciation supports $103,578 over five years. Portfolio math shows five-year ROI at 127.34% and total cumulative return in cash at $158,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,813/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.29 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56009, Alden, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 659 (100%) |
| Owner Occupied HU | 513 (77.8%) |
| Renter Occupied HU | 84 (12.7%) |
| Vacant Housing Units | 62 ( 9.4%) |
| Median Home Value | $231,494 |
| Average Home Value | $306,165 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
634
Multi-Family
0
Businesses
27
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