635 Hillcrest Rd NEHutchinsonMN55350
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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
Investment property for sale in Hutchinson at 635 Hillcrest Rd NE, Hutchinson, MN, 55350 offers a 6.15% rental yield on a $234,000 purchase with $1,200/mo rent. 87% in year one. Equity gained on principal adds $1,510/yr while 5% annual appreciation supports $64,650 over five years. Portfolio math shows five-year ROI at 81.31% and total cumulative return in cash at $63,075. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $1,145/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.49 Acres 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
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Listed by: Shawn McCoy • Exceptional Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6769598