47753 County Highway 16HenningMN56551
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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
Investment property for sale in Henning at 47753 County Highway 16, Henning, MN, 56551 uses $86,190 cash to close to unlock $7,524/yr annual cash flow and $627/mo monthly cash flow. Total monthly income runs $2,251/mo, and a $1,273/mo payment keeps the spread at $627/mo. Purchase price stands at $260,000, and rental yield measures 10.39% with $2,251/mo rent. Return on cash invested shows 28.64% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 149.72% and total cumulative return in cash records $129,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,251/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1976
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56551, Henning, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,543 (100%) |
| Owner Occupied HU | 823 (53.3%) |
| Renter Occupied HU | 213 (13.8%) |
| Vacant Housing Units | 507 (32.9%) |
| Median Home Value | $377,928 |
| Average Home Value | $410,434 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
858
Multi-Family
91
Businesses
70
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