18882 N Blackduck Lake Rd NE #3HinesMN56647
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 18882 N Blackduck Lake Rd NE #3, Hines, MN, 56647 in Hines. Rental yield 0%. At $900,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $248,653 in new equity by year five, complemented by $7,545/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.5% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Hines market data in our database. Property projections are estimates.
Single Family
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56647, Hines, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 269 (57.6%) |
| Renter Occupied HU | 47 (10.1%) |
| Vacant Housing Units | 151 (32.3%) |
| Median Home Value | $309,016 |
| Average Home Value | $334,916 |
Housing Distribution
Address Breakdown
Residential
328
Single Family
328
Multi-Family
0
Businesses
8
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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
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No similar rental properties found nearby.
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