313 Frederick CirHastingsMN55033
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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 313 Frederick Cir, Hastings, MN, 55033 with 5% annual appreciation on a $233,800 basis while $2,449/mo rent supports operations. Total monthly income totals $2,449/mo and a $1,144/mo payment preserves $805/mo for cash returns. Annual cash flow comes to $9,664/yr on $77,505 deployed, and return on cash invested reaches 32.38% in year one. Equity gained on principal adds $1,509/yr, and five-year appreciation sums $64,595 alongside rental yield of 12.57%. Five-year ROI measures 170.84% and total cumulative return in cash totals $132,408.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,449/mo property income versus a $1,144/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
$184 monthly 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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