23250 Northfield BlvdHamptonMN55031
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 23250 Northfield Blvd, Hampton, MN, 55031 in Hampton hard to pass up. The 10.14% gross yield on a $299,900 purchase results in $2,534/mo in rent and $662/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.88). Annual cash flow of $7,940, five-year appreciation of $82,857, and $2,762/yr in equity build-up combine for a projected total cumulative return of $156,355.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 7.0% |
| Monthly Cash Flow | $662 | $300 |
City averages based on Hampton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,534 |
| Total Monthly Debt Service | $1,753 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1890
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55031, Hampton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 764 (100%) |
| Owner Occupied HU | 617 (80.8%) |
| Renter Occupied HU | 120 (15.7%) |
| Vacant Housing Units | 27 ( 3.5%) |
| Median Home Value | $484,274 |
| Average Home Value | $545,182 |
Housing Distribution
Address Breakdown
Residential
741
Single Family
741
Multi-Family
0
Businesses
29
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
Single Family
Built in 1890
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55031, Hampton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 764 (100%) |
| Owner Occupied HU | 617 (80.8%) |
| Renter Occupied HU | 120 (15.7%) |
| Vacant Housing Units | 27 ( 3.5%) |
| Median Home Value | $484,274 |
| Average Home Value | $545,182 |
Housing Distribution
Address Breakdown
Residential
741
Single Family
741
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices