480 Hill STREET SOUTH SouthLa CrescentMN55947
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 La Crescent at 480 Hill STREET SOUTH South, La Crescent, MN, 55947 with 5% annual appreciation on a $224,900 basis while $870/mo rent supports operations. 3% in year one. Equity gained on principal adds $1,451/yr, and five-year appreciation sums $62,136 alongside rental yield of 4.64%. Five-year ROI measures 56.8% and total cumulative return in cash totals $42,349. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $870/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55947, La Crescent, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,374 (100%) |
| Owner Occupied HU | 2,497 (74.0%) |
| Renter Occupied HU | 643 (19.1%) |
| Vacant Housing Units | 234 ( 6.9%) |
| Median Home Value | $303,099 |
| Average Home Value | $340,467 |
Housing Distribution
Address Breakdown
Residential
3,251
Single Family
3,085
Multi-Family
166
Businesses
173
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angie Wilson • Gerrard-Hoeschler, REALTORS
Mls Name: WIREX MLS
Mls ID: #1924884