1372 Upper 55th St EInver Grove HeightsMN55077
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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 Inver Grove Heights at 1372 Upper 55th St E, Inver Grove Heights, MN, 55077 uses $111,019 cash to close to unlock $6,059/yr annual cash flow and $505/mo monthly cash flow. Total monthly income runs $2,596/mo, and a $1,639/mo payment keeps the spread at $505/mo. Purchase price stands at $334,900, and rental yield measures 9.3% with $2,596/mo rent. Return on cash invested shows 25.37% in year one, and 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 132.17% and total cumulative return in cash records $146,737. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,596/mo property income covering a $1,639/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55077, Inver Grove Heights, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,829 (100%) |
| Owner Occupied HU | 3,506 (60.1%) |
| Renter Occupied HU | 2,076 (35.6%) |
| Vacant Housing Units | 247 ( 4.2%) |
| Median Home Value | $569,066 |
| Average Home Value | $584,829 |
Housing Distribution
Address Breakdown
Residential
5,786
Single Family
4,015
Multi-Family
1,771
Businesses
175
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Listed by: Daniel J. Hodgin • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7004609