14952 Empress Ave NHugoMN55038
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 Hugo at 14952 Empress Ave N, Hugo, MN, 55038 uses $149,175 cash to close to unlock $834/yr annual cash flow and $70/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $2,203/mo payment keeps the spread at $70/mo. Purchase price stands at $450,000, and rental yield measures 7.68% with $2,880/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 105.92% and total cumulative return in cash records $158,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Townhouse
Built in 2020
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55038, Hugo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,055 (100%) |
| Owner Occupied HU | 8,931 (88.8%) |
| Renter Occupied HU | 868 ( 8.6%) |
| Vacant Housing Units | 256 ( 2.5%) |
| Median Home Value | $484,067 |
| Average Home Value | $520,211 |
Housing Distribution
Address Breakdown
Residential
9,910
Single Family
9,782
Multi-Family
128
Businesses
380
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices