488 Blueridge StDelanoMN55328
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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 Delano at 488 Blueridge St, Delano, MN, 55328 offers $3,330/mo rent that, after a $1,933/mo payment, leaves $864/mo cash flow. Total monthly income is $3,330/mo, and annual cash flow is $10,365/yr on $130,939 cash. Return on cash invested measures 27.82% in year one, and rental yield stands at 10.12% at a $394,990 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,128 by year five. Five-year ROI records 145.36% and total cumulative return in cash reaches $190,335. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,330/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.16 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55328, Delano, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 3,325 (81.3%) |
| Renter Occupied HU | 603 (14.8%) |
| Vacant Housing Units | 160 ( 3.9%) |
| Median Home Value | $440,909 |
| Average Home Value | $499,955 |
Housing Distribution
Address Breakdown
Residential
3,819
Single Family
3,446
Multi-Family
373
Businesses
293
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