26498 371st AveHendersonMN56044
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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 Henderson at 26498 371st Ave, Henderson, MN, 56044 uses $33,150 cash to close to unlock $1,656/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $762/mo, and a $489/mo payment keeps the spread at $138/mo. Purchase price stands at $100,000, and rental yield measures 9.14% with $762/mo rent. Return on cash invested shows 24.9% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 129.68% and total cumulative return in cash records $42,988. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $762/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56044, Henderson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 875 (100%) |
| Owner Occupied HU | 670 (76.6%) |
| Renter Occupied HU | 146 (16.7%) |
| Vacant Housing Units | 59 ( 6.7%) |
| Median Home Value | $360,870 |
| Average Home Value | $410,675 |
Housing Distribution
Address Breakdown
Residential
629
Single Family
585
Multi-Family
44
Businesses
73
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