313 E 2nd StHillsMN56138
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 Hills at 313 E 2nd St, Hills, MN, 56138 with 5% annual appreciation on a $215,000 basis while $1,087/mo rent supports operations. 61% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 6.07%. Five-year ROI measures 79.86% and total cumulative return in cash totals $56,917. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,087/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56138, Hills, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 273 (69.8%) |
| Renter Occupied HU | 68 (17.4%) |
| Vacant Housing Units | 50 (12.8%) |
| Median Home Value | $231,522 |
| Average Home Value | $271,255 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
281
Multi-Family
22
Businesses
28
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Nearby investment properties with comparable prices
Listed by: Keith A Elbers • Real Estate Retrievers
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22504228
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