16832 Hastings St NEHam LakeMN55304
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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 Ham Lake at 16832 Hastings St NE, Ham Lake, MN, 55304 uses $145,827 cash to close to unlock $14,438/yr annual cash flow and $1,203/mo monthly cash flow. Total monthly income runs $3,950/mo, and a $2,153/mo payment keeps the spread at $1,203/mo. Purchase price stands at $439,900, and rental yield measures 10.78% with $3,950/mo rent. Return on cash invested shows 29.81% in year one, and 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 156.02% and total cumulative return in cash records $227,523. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,950/mo property income covering a $2,153/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.96 Acres lot
$N/A/sqft
No HOA
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