667 Madson Ave SWHutchinsonMN55350
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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 Hutchinson at 667 Madson Ave SW, Hutchinson, MN, 55350 offers $1,207/mo rent that, after a $760/mo payment, leaves $237/mo cash flow. Total monthly income is $1,207/mo, and annual cash flow is $2,850/yr on $51,449 cash. Return on cash invested measures 25.45% in year one, and rental yield stands at 9.33% at a $155,200 entry. Equity gained on principal adds $1,001/yr while 5% annual appreciation compounds into $42,879 by year five. Five-year ROI records 132.66% and total cumulative return in cash reaches $68,251. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,207/mo property income versus a $760/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
8,407 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
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Listed by: Frances M. Altman • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6814863