20658 Belle Lake RdHutchinsonMN55350
Nearby investment properties with comparable rents
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 Hutchinson at 20658 Belle Lake Rd, Hutchinson, MN, 55350 listed at $1,049,900 pairs $4,426/mo rent with a $5,139/mo payment. Total monthly income runs $4,426/mo. Return on cash invested measures 12.85% in year one, and rental yield registers 5.06% at a $1,049,900 basis. Equity gained on principal adds $6,775/yr, and annual property appreciation at 5% supports $290,068 by year five. Five-year ROI tracks 64.99% and total cumulative return in cash totals $221,074. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,426/mo property income relative to a $5,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
10 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: Traci M Atkinson • Hometown Realty, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7002206