504 Josephine DrHillsMN56138
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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 Hills at 504 Josephine Dr, Hills, MN, 56138 offers $0/mo rent that, after a $587/mo payment. Total monthly income is $0/mo. Return on cash invested measures -5.7% in year one, and rental yield stands at 0% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
1,158 sqft lot
$N/A/sqft
$100 monthly 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Ashley N Metzger • eXp Realty - Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22505449
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. Copyright 2025 REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.