501 S Josephine AveHillsMN56138
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 Hills at 501 S Josephine Ave, Hills, MN, 56138 at $324,400 posts ROI 24.77% with $436/mo cash flow from $2,462/mo rent. Total monthly income equals $2,462/mo, and annual cash flow records $5,233/yr on $107,539 to close. Return on cash invested measures 24.77% and rental yield reads 9.11% at the current $324,400. Equity gained on principal adds $2,093/yr, and 5% annual appreciation supports $89,626 by year five. Five-year ROI prints 129.04% and total cumulative return in cash totals $138,772.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,462/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56138, Hills, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 273 (69.8%) |
| Renter Occupied HU | 68 (17.4%) |
| Vacant Housing Units | 50 (12.8%) |
| Median Home Value | $231,522 |
| Average Home Value | $271,255 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
281
Multi-Family
22
Businesses
28
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Nearby investment properties with comparable prices
Listed by: Ashley N Metzger • Keller Williams Realty Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22504468
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