9746 Jasmine AveHanoverMN55341
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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 Hanover at 9746 Jasmine Ave, Hanover, MN, 55341 uses $146,158 cash to close to unlock $11,889/yr annual cash flow and $991/mo monthly cash flow. Total monthly income runs $3,744/mo, and a $2,158/mo payment keeps the spread at $991/mo. Purchase price stands at $440,900, and rental yield measures 10.19% with $3,744/mo rent. Return on cash invested shows 28.04% in year one, and 5% annual appreciation builds toward $121,813 over five years. Five-year ROI reaches 146.53% and total cumulative return in cash records $214,169. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,744/mo property income covering a $2,158/mo payment rather than investor’s personal income.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55341, Hanover, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,392 (100%) |
| Owner Occupied HU | 1,273 (91.5%) |
| Renter Occupied HU | 101 ( 7.3%) |
| Vacant Housing Units | 18 ( 1.3%) |
| Median Home Value | $441,304 |
| Average Home Value | $476,416 |
Housing Distribution
Address Breakdown
Residential
1,271
Single Family
1,267
Multi-Family
4
Businesses
78
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