141 3rd St EHectorMN55342
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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 Hector at 141 3rd St E, Hector, MN, 55342 listed at $125,000 pairs $953/mo rent with a $612/mo payment to leave $172/mo cash flow. Total monthly income runs $953/mo, and annual cash flow reaches $2,067/yr on $41,438 cash to close. Return on cash invested measures 24.9% in year one, and rental yield registers 9.15% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 129.78% and total cumulative return in cash totals $53,777. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $953/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1914
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55342, Hector, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 915 (100%) |
| Owner Occupied HU | 637 (69.6%) |
| Renter Occupied HU | 142 (15.5%) |
| Vacant Housing Units | 136 (14.9%) |
| Median Home Value | $174,094 |
| Average Home Value | $224,117 |
Housing Distribution
Address Breakdown
Residential
645
Single Family
607
Multi-Family
38
Businesses
58
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