44775 Bending AveHarrisMN55032
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
Investment Highlights
Investment property for sale in Harris at 44775 Bending Ave, Harris, MN, 55032 uses $105,384 cash to close to unlock $5,674/yr annual cash flow and $473/mo monthly cash flow. Total monthly income runs $2,458/mo, and a $1,556/mo payment keeps the spread at $473/mo. Purchase price stands at $317,900, and rental yield measures 9.28% with $2,458/mo rent. Return on cash invested shows 25.29% in year one, and 5% annual appreciation builds toward $87,830 over five years. Five-year ROI reaches 131.78% and total cumulative return in cash records $138,880. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,458/mo property income covering a $1,556/mo payment rather than investor’s personal income.
Single Family
Built in 1981
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55032, Harris, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,502 (100%) |
| Owner Occupied HU | 1,265 (84.2%) |
| Renter Occupied HU | 97 ( 6.5%) |
| Vacant Housing Units | 140 ( 9.3%) |
| Median Home Value | $368,854 |
| Average Home Value | $391,358 |
Housing Distribution
Address Breakdown
Residential
1,359
Single Family
1,342
Multi-Family
17
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices