28153 E Hardwood LnBrook ParkMN55007
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 Brook Park at 28153 E Hardwood Ln, Brook Park, MN, 55007 generates $1,968/mo in rent and, after a $1,317/mo payment, leaves $288/mo in cash flow. Total monthly income is $1,968/mo, and annual cash flow is $3,454/yr on $89,174 invested. Return on cash invested sits at 23.78% in year one, and rental yield is 8.78% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 123.68% and total cumulative return in cash sums $110,291. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,968/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
6.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55007, Brook Park, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,146 (100%) |
| Owner Occupied HU | 856 (74.7%) |
| Renter Occupied HU | 102 ( 8.9%) |
| Vacant Housing Units | 188 (16.4%) |
| Median Home Value | $264,063 |
| Average Home Value | $280,041 |
Housing Distribution
Address Breakdown
Residential
1,061
Single Family
1,061
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick J Saunders • Northern Lights Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6821161