303 4th St SHoffmanMN56339
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 Hoffman at 303 4th St S, Hoffman, MN, 56339 at $214,900 posts ROI 8.82% with from $684/mo rent. Total monthly income equals $684/mo. Return on cash invested measures 8.82% and rental yield reads 3.82% at the current $214,900. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 by year five. Five-year ROI prints 43.47% and total cumulative return in cash totals $30,966. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $684/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56339, Hoffman, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 540 (100%) |
| Owner Occupied HU | 315 (58.3%) |
| Renter Occupied HU | 101 (18.7%) |
| Vacant Housing Units | 124 (23.0%) |
| Median Home Value | $211,184 |
| Average Home Value | $291,730 |
Housing Distribution
Address Breakdown
Residential
379
Single Family
330
Multi-Family
49
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices