570 Lynn Rd SWHutchinsonMN55350
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
Rental property for sale in Hutchinson at 570 Lynn Rd SW, Hutchinson, MN, 55350 priced at $299,900 pairs $1,842/mo rent with after a $1,468/mo payment. Total monthly income equals $1,842/mo. Return on cash invested is 19.54% in year one, and rental yield stands at 7.37% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 100.95% and total cumulative return in cash reaches $100,360. For financing, Ziffy Mortgage’s DSCR program evaluates $1,842/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55350, Hutchinson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,208 (100%) |
| Owner Occupied HU | 5,582 (68.0%) |
| Renter Occupied HU | 2,180 (26.6%) |
| Vacant Housing Units | 446 ( 5.4%) |
| Median Home Value | $272,982 |
| Average Home Value | $310,490 |
Housing Distribution
Address Breakdown
Residential
8,440
Single Family
6,723
Multi-Family
1,717
Businesses
742
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew D Pulkrabek • Hometown Realty, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6767836