214 18th St WHastingsMN55033
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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 214 18th St W, Hastings, MN, 55033 earns $398/mo cash flow from $2,383/mo rent with a $1,556/mo payment. Total monthly income totals $2,383/mo, and annual cash flow totals $4,772/yr on $105,417 capital. ROI tracks 24.44% on current figures, and rental yield reads 8.99% at a $318,000 purchase. Equity gained on principal adds $2,052/yr, and 5% annual appreciation supports $87,858 over five years. Five-year ROI reaches 127.2% and total cumulative return in cash sums $134,087. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,383/mo property income instead of your personal income.
Single Family
Built in 1928
8,799 sqft 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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