415 1st St SWHinckleyMN55037
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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 415 1st St SW, Hinckley, MN, 55037 generates $1,896/mo in rent and, after a $1,125/mo payment, leaves $461/mo in cash flow. Total monthly income is $1,896/mo, and annual cash flow is $5,528/yr on $76,212 invested. Return on cash invested sits at 27.16% in year one, and rental yield is 9.9% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 141.82% and total cumulative return in cash sums $108,083. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,896/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.38 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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