1638 112th Ct WInver Grove HeightsMN55077
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 Inver Grove Heights at 1638 112th Ct W, Inver Grove Heights, MN, 55077 offers a 5.64% rental yield on a $850,000 purchase with $3,995/mo rent. 43% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 73.49% and total cumulative return in cash at $205,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,995/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
2.72 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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Nearby investment properties with comparable prices
Listed by: Arthur D Hays • Lakes Sotheby's International Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6731262
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