7866 Austin WayInver Grove HeightsMN55077
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
Rental property for sale in Inver Grove Heights at 7866 Austin Way, Inver Grove Heights, MN, 55077 priced at $612,210 converts $4,800/mo rent into $912/mo cash flow after a $2,996/mo obligation. Total monthly income equals $4,800/mo, and annual cash flow totals $10,939/yr on $201,417 invested. Return on cash invested prints 25.49% in year one, and rental yield reads 9.41% against a $612,210 entry. Equity gained on principal adds $3,950/yr, while 5% annual appreciation compiles into $169,142 by year five. Five-year ROI reaches 132.96% and total cumulative return in cash sums $267,809. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,800/mo property income covering a $2,996/mo payment, not borrower’s personal income.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
$791 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55077, Inver Grove Heights, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,829 (100%) |
| Owner Occupied HU | 3,506 (60.1%) |
| Renter Occupied HU | 2,076 (35.6%) |
| Vacant Housing Units | 247 ( 4.2%) |
| Median Home Value | $569,066 |
| Average Home Value | $584,829 |
Housing Distribution
Address Breakdown
Residential
5,786
Single Family
4,015
Multi-Family
1,771
Businesses
175
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Becca Kromer • Brandl/Anderson Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6656251
Disclaimer: Based on information submitted to the MLS GRID as of 2025-02-06 08:18:27 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_28) By searching NorthstarMLS listings you agree to the [NorthstarMLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)