735 Main St NHutchinsonMN55350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 735 Main St N, Hutchinson, MN, 55350 at $219,900 posts ROI 33.36% with $817/mo cash flow from $2,190/mo rent. Total monthly income equals $2,190/mo, and annual cash flow records $9,806/yr on $72,897 to close. Return on cash invested measures 33.36% and rental yield reads 11.95% at the current $219,900. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 by year five. Five-year ROI prints 175.11% and total cumulative return in cash totals $127,648.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,190/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
8,712 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: Maria Oman • Premier Real Estate Services
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6735492