32004 Hemmingway ROADLewistonMN55952
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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
Rental property for sale in Lewiston at 32004 Hemmingway ROAD, Lewiston, MN, 55952 generates $2,474/mo in rent, after a $2,154/mo payment. Total monthly income is $2,474/mo. Return on cash invested sits at 17.65% in year one, and rental yield is 6.75% on a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 90.82% and total cumulative return in cash sums $132,466. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,474/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55952, Lewiston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 954 (100%) |
| Owner Occupied HU | 705 (73.9%) |
| Renter Occupied HU | 204 (21.4%) |
| Vacant Housing Units | 45 ( 4.7%) |
| Median Home Value | $328,750 |
| Average Home Value | $430,897 |
Housing Distribution
Address Breakdown
Residential
848
Single Family
764
Multi-Family
84
Businesses
66
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