268 Overlook CtDelanoMN55328
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
Investment Highlights
Rental property for sale in Delano at 268 Overlook Ct, Delano, MN, 55328 generates $2,400/mo in rent, after a $2,769/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 12.76% in year one, and rental yield is 5.09% on a $565,670 entry. Equity gained on principal adds $3,650/yr, while 5% annual appreciation builds toward $156,284 over five years. Five-year ROI reaches 64.54% and total cumulative return in cash sums $120,117. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55328, Delano, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 3,325 (81.3%) |
| Renter Occupied HU | 603 (14.8%) |
| Vacant Housing Units | 160 ( 3.9%) |
| Median Home Value | $440,909 |
| Average Home Value | $499,955 |
Housing Distribution
Address Breakdown
Residential
3,819
Single Family
3,446
Multi-Family
373
Businesses
293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lennar Minnesota • Lennar Sales Corp
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6690971
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