38582 Clover CirHinckleyMN55037
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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 Hinckley at 38582 Clover Cir, Hinckley, MN, 55037 generates $4,571/mo in rent and, after a $2,039/mo payment, leaves $1,970/mo in cash flow. Total monthly income is $4,571/mo, and annual cash flow is $23,637/yr on $138,070 invested. Return on cash invested sits at 37.03% in year one, and rental yield is 13.17% on a $416,500 entry. Equity gained on principal adds $2,688/yr, while 5% annual appreciation builds toward $115,071 over five years. Five-year ROI reaches 194.72% and total cumulative return in cash sums $268,848. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,571/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
4.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55037, Hinckley, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,575 (100%) |
| Owner Occupied HU | 1,512 (42.3%) |
| Renter Occupied HU | 570 (15.9%) |
| Vacant Housing Units | 1,493 (41.8%) |
| Median Home Value | $264,835 |
| Average Home Value | $326,230 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
1,924
Multi-Family
143
Businesses
141
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