2353 Rushmore RdHastingsMN55033
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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 2353 Rushmore Rd, Hastings, MN, 55033 at $348,900 posts ROI 27.3% with $712/mo cash flow from $2,891/mo rent. Total monthly income equals $2,891/mo, and annual cash flow records $8,544/yr on $115,660 to close. Return on cash invested measures 27.3% and rental yield reads 9.94% at the current $348,900. Equity gained on principal adds $2,251/yr, and 5% annual appreciation supports $96,395 by year five. Five-year ROI prints 142.51% and total cumulative return in cash totals $164,824.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,891/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2006
3,040 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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