14048 Hall AveNorthfieldMN55057
Nearby investment properties with comparable rents
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 Northfield at 14048 Hall Ave, Northfield, MN, 55057 uses $112,047 cash to close to unlock $6,212/yr annual cash flow and $518/mo monthly cash flow. Total monthly income runs $2,628/mo, and a $1,654/mo payment keeps the spread at $518/mo. Purchase price stands at $338,000, and rental yield measures 9.33% with $2,628/mo rent. Return on cash invested shows 25.45% in year one, and 5% annual appreciation builds toward $93,383 over five years. Five-year ROI reaches 132.65% and total cumulative return in cash records $148,634. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,628/mo property income covering a $1,654/mo payment rather than investor’s personal income.
Single Family
Built in 1956
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55057, Northfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,293 (100%) |
| Owner Occupied HU | 6,437 (69.3%) |
| Renter Occupied HU | 2,481 (26.7%) |
| Vacant Housing Units | 375 ( 4.0%) |
| Median Home Value | $417,495 |
| Average Home Value | $445,045 |
Housing Distribution
Address Breakdown
Residential
9,069
Single Family
7,083
Multi-Family
1,986
Businesses
694
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol Hong • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6804452