1332 Southfork Dr SEHutchinsonMN55350
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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 Hutchinson at 1332 Southfork Dr SE, Hutchinson, MN, 55350 uses $132,567 cash to close to unlock $11,030/yr annual cash flow and $919/mo monthly cash flow. Total monthly income runs $3,416/mo, and a $1,957/mo payment keeps the spread at $919/mo. Purchase price stands at $399,900, and rental yield measures 10.25% with $3,416/mo rent. Return on cash invested shows 28.23% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 147.55% and total cumulative return in cash records $195,608. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,416/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 2020
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55350, Hutchinson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,208 (100%) |
| Owner Occupied HU | 5,582 (68.0%) |
| Renter Occupied HU | 2,180 (26.6%) |
| Vacant Housing Units | 446 ( 5.4%) |
| Median Home Value | $272,982 |
| Average Home Value | $310,490 |
Housing Distribution
Address Breakdown
Residential
8,440
Single Family
6,723
Multi-Family
1,717
Businesses
742
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Listed by: Diane M Sorensen • Hometown Realty, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6771533