1816 Fallbrooke DrHastingsMN55033
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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 Hastings at 1816 Fallbrooke Dr, Hastings, MN, 55033 offers a 9.24% rental yield on a $566,000 purchase with $4,357/mo rent. Total monthly income registers $4,357/mo, and a $2,770/mo payment leaves $823/mo available for distribution. Annual cash flow reaches $9,875/yr on $186,214 to close, and return on cash invested stands at 25.36% in year one. Equity gained on principal adds $3,652/yr while 5% annual appreciation supports $156,375 over five years. Portfolio math shows five-year ROI at 132.12% and total cumulative return in cash at $246,029. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,357/mo property income against a $2,770/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
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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