1663 Hidden TrlMayerMN55360
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 Mayer at 1663 Hidden Trl, Mayer, MN, 55360 offers a 7.52% rental yield on a $374,900 purchase with $2,348/mo rent. Total monthly income registers $2,348/mo, and a $1,835/mo payment leaves $7/mo available for distribution. Annual cash flow reaches $83/yr on $124,279 to close, and return on cash invested stands at 19.98% in year one. Equity gained on principal adds $2,419/yr while 5% annual appreciation supports $103,578 over five years. Portfolio math shows five-year ROI at 103.25% and total cumulative return in cash at $128,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,348/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
10,105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55360, Mayer, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 1,107 (90.5%) |
| Renter Occupied HU | 86 ( 7.0%) |
| Vacant Housing Units | 30 ( 2.5%) |
| Median Home Value | $355,043 |
| Average Home Value | $409,779 |
Housing Distribution
Address Breakdown
Residential
1,180
Single Family
1,170
Multi-Family
10
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices