320 Wagonner Ave EHackensackMN56452
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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 Hackensack at 320 Wagonner Ave E, Hackensack, MN, 56452 uses $51,383 cash to close to unlock $12,741/yr annual cash flow and $1,062/mo monthly cash flow. Total monthly income runs $2,030/mo, and a $759/mo payment keeps the spread at $1,062/mo. Purchase price stands at $155,000, and rental yield measures 15.72% with $2,030/mo rent. Return on cash invested shows 44.71% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 235.91% and total cumulative return in cash records $121,216. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,030/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.60 Acres lot
$N/A/sqft
No HOA
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Listed by: April Clarine • Bill Hansen Realty/Hackensack
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6731028