3258 37th St SEDelanoMN55328
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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 Delano at 3258 37th St SE, Delano, MN, 55328 uses $152,490 cash to close to unlock $5,496/yr annual cash flow and $458/mo monthly cash flow. Total monthly income runs $3,330/mo, and a $2,251/mo payment keeps the spread at $458/mo. Purchase price stands at $460,000, and rental yield measures 8.69% with $3,330/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 122.23% and total cumulative return in cash records $186,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,330/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1968
2.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55328, Delano, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 3,325 (81.3%) |
| Renter Occupied HU | 603 (14.8%) |
| Vacant Housing Units | 160 ( 3.9%) |
| Median Home Value | $440,909 |
| Average Home Value | $499,955 |
Housing Distribution
Address Breakdown
Residential
3,819
Single Family
3,446
Multi-Family
373
Businesses
293
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