49200 State Highway 48HinckleyMN55037
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 Hinckley at 49200 State Highway 48, Hinckley, MN, 55037 listed at $160,000 pairs $1,209/mo rent with a $783/mo payment. Total monthly income runs $1,209/mo. Return on cash invested measures -4.3% in year one, and rental yield registers 9.07% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,209/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
80 sqft lot
$N/A/sqft
$1,280 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55037, Hinckley, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,575 (100%) |
| Owner Occupied HU | 1,512 (42.3%) |
| Renter Occupied HU | 570 (15.9%) |
| Vacant Housing Units | 1,493 (41.8%) |
| Median Home Value | $264,835 |
| Average Home Value | $326,230 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
1,924
Multi-Family
143
Businesses
141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices