3 Bed 2 Bath Single Section Plan, Three RiversHastingsMN55033
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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 Hastings at 3 Bed 2 Bath Single Section Plan, Three Rivers, Hastings, MN, 55033 with 5% annual appreciation on a $134,900 basis while $1,066/mo rent supports operations. Total monthly income totals $1,066/mo and a $660/mo payment preserves $224/mo for cash returns. Annual cash flow comes to $2,687/yr on $44,719 deployed, and return on cash invested reaches 25.92% in year one. Equity gained on principal adds $870/yr, and five-year appreciation sums $37,270 alongside rental yield of 9.48%. Five-year ROI measures 135.12% and total cumulative return in cash totals $60,425.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,066/mo property income versus a $660/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55033, Hastings, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,556 (100%) |
| Owner Occupied HU | 9,207 (73.3%) |
| Renter Occupied HU | 2,909 (23.2%) |
| Vacant Housing Units | 440 ( 3.5%) |
| Median Home Value | $394,727 |
| Average Home Value | $426,836 |
Housing Distribution
Address Breakdown
Residential
12,286
Single Family
10,526
Multi-Family
1,760
Businesses
682
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