401 Whispering LnHastingsMN55033
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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 Hastings at 401 Whispering Ln, Hastings, MN, 55033 priced at $213,500 converts $2,234/mo rent into $901/mo cash flow after a $1,045/mo obligation. Total monthly income equals $2,234/mo, and annual cash flow totals $10,809/yr on $70,775 invested. Return on cash invested prints 35.18% in year one, and rental yield reads 12.56% against a $213,500 entry. Equity gained on principal adds $1,378/yr, while 5% annual appreciation compiles into $58,986 by year five. Five-year ROI reaches 184.82% and total cumulative return in cash sums $130,810. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,234/mo property income covering a $1,045/mo payment, not borrower’s personal income.
Townhouse
Built in 1980
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55033, Hastings, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,556 (100%) |
| Owner Occupied HU | 9,207 (73.3%) |
| Renter Occupied HU | 2,909 (23.2%) |
| Vacant Housing Units | 440 ( 3.5%) |
| Median Home Value | $394,727 |
| Average Home Value | $426,836 |
Housing Distribution
Address Breakdown
Residential
12,286
Single Family
10,526
Multi-Family
1,760
Businesses
682
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