131 Primrose LnHamelMN55340
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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 Hamel at 131 Primrose Ln, Hamel, MN, 55340 priced at $1,895,000 converts $7,224/mo rent into after a $9,275/mo obligation. Total monthly income equals $7,224/mo. Return on cash invested prints 11.36% in year one, and rental yield reads 4.57% against a $1,895,000 entry. Equity gained on principal adds $12,228/yr, while 5% annual appreciation compiles into $523,554 by year five. Five-year ROI reaches 56.98% and total cumulative return in cash sums $349,841. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,224/mo property income covering a $9,275/mo payment, not borrower’s personal income.
Single Family
Built in 2005
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55340, Hamel, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,990 (100%) |
| Owner Occupied HU | 3,632 (91.0%) |
| Renter Occupied HU | 220 ( 5.5%) |
| Vacant Housing Units | 138 ( 3.5%) |
| Median Home Value | $666,667 |
| Average Home Value | $725,686 |
Housing Distribution
Address Breakdown
Residential
3,831
Single Family
3,665
Multi-Family
166
Businesses
326
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