1811 Fallbrook Dr #OZS9B9HastingsMN55033
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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 Hastings at 1811 Fallbrook Dr #OZS9B9, Hastings, MN, 55033 uses $149,473 cash to close to unlock $7,515/yr annual cash flow and $626/mo monthly cash flow. Total monthly income runs $3,442/mo, and a $2,207/mo payment keeps the spread at $626/mo. Purchase price stands at $450,900, and rental yield measures 9.16% with $3,442/mo rent. Return on cash invested shows 24.94% in year one, and 5% annual appreciation builds toward $124,575 over five years. Five-year ROI reaches 129.89% and total cumulative return in cash records $194,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,442/mo property income covering a $2,207/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55033, Hastings, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,556 (100%) |
| Owner Occupied HU | 9,207 (73.3%) |
| Renter Occupied HU | 2,909 (23.2%) |
| Vacant Housing Units | 440 ( 3.5%) |
| Median Home Value | $394,727 |
| Average Home Value | $426,836 |
Housing Distribution
Address Breakdown
Residential
12,286
Single Family
10,526
Multi-Family
1,760
Businesses
682
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