435 Washington Ave WHutchinsonMN55350
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 435 Washington Ave W, Hutchinson, MN, 55350 in Hutchinson worth study. Rental yield 1.31%. The 1.31% gross yield is below cash-flow benchmarks at $1,100,000, but 5% annual appreciation, adding $303,910 over five years, frames this as a capital growth position. Rent of $1,200/mo partially offsets the $4,946/mo payment. Ziffy Mortgage finances appreciation-play properties (0.24 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $52,559.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.3% | 5.5% |
| Monthly Cash Flow | $(5,669) | $350 |
City averages based on Hutchinson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,200 |
| Total Monthly Debt Service | $6,431 |
| DSCR Ratio | 0.19x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55350, Hutchinson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,208 (100%) |
| Owner Occupied HU | 5,582 (68.0%) |
| Renter Occupied HU | 2,180 (26.6%) |
| Vacant Housing Units | 446 ( 5.4%) |
| Median Home Value | $272,982 |
| Average Home Value | $310,490 |
Housing Distribution
Address Breakdown
Residential
8,440
Single Family
6,723
Multi-Family
1,717
Businesses
742
Nearby investment properties with comparable rents
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
Single Family
Built in 1930
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55350, Hutchinson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,208 (100%) |
| Owner Occupied HU | 5,582 (68.0%) |
| Renter Occupied HU | 2,180 (26.6%) |
| Vacant Housing Units | 446 ( 5.4%) |
| Median Home Value | $272,982 |
| Average Home Value | $310,490 |
Housing Distribution
Address Breakdown
Residential
8,440
Single Family
6,723
Multi-Family
1,717
Businesses
742
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ellen D Phelps • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7024126