23820 Main StHamptonMN55031
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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
Rental property for sale in Hampton at 23820 Main St, Hampton, MN, 55031 generates $2,650/mo in rent, after a $2,447/mo payment. Total monthly income is $2,650/mo. Return on cash invested sits at 16.49% in year one, and rental yield is 6.36% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 84.61% and total cumulative return in cash sums $140,220. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,650/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
8.57 Acres 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
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