37621 Hawthorne AveNorth BranchMN55056
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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 North Branch at 37621 Hawthorne Ave, North Branch, MN, 55056 uses $129,252 cash to close to unlock $6,932/yr annual cash flow and $578/mo monthly cash flow. Total monthly income runs $3,012/mo, and a $1,908/mo payment keeps the spread at $578/mo. Purchase price stands at $389,900, and rental yield measures 9.27% with $3,012/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 131.67% and total cumulative return in cash records $170,185. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,012/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55056, North Branch, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,023 (100%) |
| Owner Occupied HU | 5,048 (83.8%) |
| Renter Occupied HU | 744 (12.4%) |
| Vacant Housing Units | 231 ( 3.8%) |
| Median Home Value | $344,979 |
| Average Home Value | $379,715 |
Housing Distribution
Address Breakdown
Residential
5,878
Single Family
5,217
Multi-Family
661
Businesses
335
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Listed by: Richard Bell • Counselor Realty, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6820665