66551 345th PlHill CityMN55748
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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 Hill City at 66551 345th Pl, Hill City, MN, 55748 generates $1,919/mo in rent and, after a $1,317/mo payment, leaves $239/mo in cash flow. Total monthly income is $1,919/mo, and annual cash flow is $2,866/yr on $89,174 invested. Return on cash invested sits at 23.12% in year one, and rental yield is 8.56% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 120.16% and total cumulative return in cash sums $107,147. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,919/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55748, Hill City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 455 (49.1%) |
| Renter Occupied HU | 163 (17.6%) |
| Vacant Housing Units | 309 (33.3%) |
| Median Home Value | $264,623 |
| Average Home Value | $319,813 |
Housing Distribution
Address Breakdown
Residential
481
Single Family
435
Multi-Family
46
Businesses
41
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