6513 Delaney AveInver Grove HeightsMN55076
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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 Inver Grove Heights at 6513 Delaney Ave, Inver Grove Heights, MN, 55076 uses $109,362 cash to close to unlock $1,196/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,615/mo payment keeps the spread at $100/mo. Purchase price stands at $329,900, and rental yield measures 7.86% with $2,160/mo rent. Return on cash invested shows 21% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 108.8% and total cumulative return in cash records $118,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1961
10,759 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55076, Inver Grove Heights, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,394 (100%) |
| Owner Occupied HU | 7,073 (75.3%) |
| Renter Occupied HU | 2,090 (22.2%) |
| Vacant Housing Units | 231 ( 2.5%) |
| Median Home Value | $377,655 |
| Average Home Value | $408,391 |
Housing Distribution
Address Breakdown
Residential
9,409
Single Family
8,032
Multi-Family
1,377
Businesses
409
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Listed by: Marissa Winegarden • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7006855