3902 67th St EInver Grove HeightsMN55076
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Nearby investment properties with comparable prices
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 Inver Grove Heights at 3902 67th St E, Inver Grove Heights, MN, 55076 uses $130,943 cash to close to unlock $9,993/yr annual cash flow and $833/mo monthly cash flow. Total monthly income runs $3,299/mo, and a $1,933/mo payment keeps the spread at $833/mo. Purchase price stands at $395,000, and rental yield measures 10.02% with $3,299/mo rent. Return on cash invested shows 27.54% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 143.84% and total cumulative return in cash records $188,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,299/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55076, Inver Grove Heights, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,394 (100%) |
| Owner Occupied HU | 7,073 (75.3%) |
| Renter Occupied HU | 2,090 (22.2%) |
| Vacant Housing Units | 231 ( 2.5%) |
| Median Home Value | $377,655 |
| Average Home Value | $408,391 |
Housing Distribution
Address Breakdown
Residential
9,409
Single Family
8,032
Multi-Family
1,377
Businesses
409
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Listed by: Sarah L. Rosen • LPT Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6757094