35642 Hoffman Beach DrHillmanMN56338
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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 Hillman at 35642 Hoffman Beach Dr, Hillman, MN, 56338 offers a 2.82% rental yield on a $749,900 purchase with $1,760/mo rent. 85% in year one. Equity gained on principal adds $4,839/yr while 5% annual appreciation supports $207,184 over five years. Portfolio math shows five-year ROI at 27.47% and total cumulative return in cash at $67,774. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,760/mo property income against a $3,670/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56338, Hillman, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,146 (100%) |
| Owner Occupied HU | 696 (60.7%) |
| Renter Occupied HU | 59 ( 5.1%) |
| Vacant Housing Units | 391 (34.1%) |
| Median Home Value | $321,429 |
| Average Home Value | $369,088 |
Housing Distribution
Address Breakdown
Residential
876
Single Family
876
Multi-Family
0
Businesses
24
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