4845 Empress Ave NHugoMN55038
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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 Hugo at 4845 Empress Ave N, Hugo, MN, 55038 generates $3,649/mo in rent and, after a $2,178/mo payment, leaves $870/mo in cash flow. Total monthly income is $3,649/mo, and annual cash flow is $10,443/yr on $147,518 invested. Return on cash invested sits at 26.99% in year one, and rental yield is 9.84% on a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 140.9% and total cumulative return in cash sums $207,848. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,649/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55038, Hugo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,055 (100%) |
| Owner Occupied HU | 8,931 (88.8%) |
| Renter Occupied HU | 868 ( 8.6%) |
| Vacant Housing Units | 256 ( 2.5%) |
| Median Home Value | $484,067 |
| Average Home Value | $520,211 |
Housing Distribution
Address Breakdown
Residential
9,910
Single Family
9,782
Multi-Family
128
Businesses
380
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