303 S 6th StHendersonMN56044
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 Henderson at 303 S 6th St, Henderson, MN, 56044 earns $356/mo cash flow from $1,729/mo rent with a $1,076/mo payment. Total monthly income totals $1,729/mo, and annual cash flow totals $4,274/yr on $72,897 capital. ROI tracks 25.77% on current figures, and rental yield reads 9.44% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 134.41% and total cumulative return in cash sums $97,984. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,729/mo property income instead of your personal income.
Single Family
Built in 1955
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56044, Henderson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 875 (100%) |
| Owner Occupied HU | 670 (76.6%) |
| Renter Occupied HU | 146 (16.7%) |
| Vacant Housing Units | 59 ( 6.7%) |
| Median Home Value | $360,870 |
| Average Home Value | $410,675 |
Housing Distribution
Address Breakdown
Residential
629
Single Family
585
Multi-Family
44
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices