67161 348th 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 67161 348th Pl, Hill City, MN, 55748 generates $2,587/mo in rent, after a $2,051/mo payment. Total monthly income is $2,587/mo. Return on cash invested sits at 19.65% in year one, and rental yield is 7.41% on a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 101.56% and total cumulative return in cash sums $141,065. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,587/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
0.64 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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