942 Crossings DrDelanoMN55328
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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
Investment property for sale in Delano at 942 Crossings Dr, Delano, MN, 55328 uses $92,820 cash to close to unlock $4,464/yr annual cash flow and $372/mo monthly cash flow. Total monthly income runs $2,120/mo, and a $1,370/mo payment keeps the spread at $372/mo. Purchase price stands at $280,000, and rental yield measures 9.09% with $2,120/mo rent. Return on cash invested shows 24.72% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 128.68% and total cumulative return in cash records $119,445. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,120/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
0.04 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55328, Delano, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 3,325 (81.3%) |
| Renter Occupied HU | 603 (14.8%) |
| Vacant Housing Units | 160 ( 3.9%) |
| Median Home Value | $440,909 |
| Average Home Value | $499,955 |
Housing Distribution
Address Breakdown
Residential
3,819
Single Family
3,446
Multi-Family
373
Businesses
293
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