1439 Melody CtHastingsMN55033
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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 Hastings at 1439 Melody Ct, Hastings, MN, 55033 at $109,000 posts ROI 111.4% with $2,755/mo cash flow from $3,436/mo rent. Total monthly income equals $3,436/mo, and annual cash flow records $33,058/yr on $36,134 to close. Return on cash invested measures 111.4% and rental yield reads 37.83% at the current $109,000. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 by year five. Five-year ROI prints 593.56% and total cumulative return in cash totals $214,474.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,436/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55033, Hastings, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,556 (100%) |
| Owner Occupied HU | 9,207 (73.3%) |
| Renter Occupied HU | 2,909 (23.2%) |
| Vacant Housing Units | 440 ( 3.5%) |
| Median Home Value | $394,727 |
| Average Home Value | $426,836 |
Housing Distribution
Address Breakdown
Residential
12,286
Single Family
10,526
Multi-Family
1,760
Businesses
682
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