19936 Major AveHutchinsonMN55350
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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 Hutchinson at 19936 Major Ave, Hutchinson, MN, 55350 uses $111,053 cash to close to unlock $5,685/yr annual cash flow and $474/mo monthly cash flow. Total monthly income runs $2,566/mo, and a $1,640/mo payment keeps the spread at $474/mo. Purchase price stands at $335,000, and rental yield measures 9.19% with $2,566/mo rent. Return on cash invested shows 25.03% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 130.38% and total cumulative return in cash records $144,788. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,566/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1965
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55350, Hutchinson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,208 (100%) |
| Owner Occupied HU | 5,582 (68.0%) |
| Renter Occupied HU | 2,180 (26.6%) |
| Vacant Housing Units | 446 ( 5.4%) |
| Median Home Value | $272,982 |
| Average Home Value | $310,490 |
Housing Distribution
Address Breakdown
Residential
8,440
Single Family
6,723
Multi-Family
1,717
Businesses
742
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Listed by: Eric Brittan • ERA Prospera Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6819796