2800 Hillsboro Ave N APT 111New HopeMN55427
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
Investment property for sale in New Hope at 2800 Hillsboro Ave N APT 111, New Hope, MN, 55427 earns from $1,182/mo rent with a $734/mo payment. Total monthly income totals $1,182/mo. ROI tracks 11.56% on current figures, and rental yield reads 9.46% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 63.39% and total cumulative return in cash sums $31,499. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,182/mo property income instead of your personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$572 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Benjamin Paley • Realty Service Plus, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6711102
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