17120 740th StHayfieldMN55940
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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 Hayfield at 17120 740th St, Hayfield, MN, 55940 earns $172/mo cash flow from $3,388/mo rent with a $2,521/mo payment. Total monthly income totals $3,388/mo, and annual cash flow totals $2,061/yr on $169,435 capital. ROI tracks 21.28% on current figures, and rental yield reads 7.89% at a $515,000 purchase. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 over five years. Five-year ROI reaches 110.22% and total cumulative return in cash sums $186,745. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,388/mo property income instead of your personal income.
Single Family
Built in 1993
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55940, Hayfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,145 (100%) |
| Owner Occupied HU | 867 (75.7%) |
| Renter Occupied HU | 193 (16.9%) |
| Vacant Housing Units | 85 ( 7.4%) |
| Median Home Value | $293,627 |
| Average Home Value | $357,232 |
Housing Distribution
Address Breakdown
Residential
879
Single Family
801
Multi-Family
78
Businesses
67
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Nearby investment properties with comparable prices
Listed by: Larry O'malley • Counselor Realty of Rochester
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6566959
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