Austin Plan, Oneka ShoresHugoMN55038
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 Hugo at Austin Plan, Oneka Shores, Hugo, MN, 55038 with 5% annual appreciation on a $467,990 basis while $3,110/mo rent supports operations. Total monthly income totals $3,110/mo and a $2,291/mo payment preserves $187/mo for cash returns. Annual cash flow comes to $2,247/yr on $155,139 deployed, and return on cash invested reaches 21.36% in year one. Equity gained on principal adds $3,020/yr, and five-year appreciation sums $129,297 alongside rental yield of 7.97%. Five-year ROI measures 110.7% and total cumulative return in cash totals $171,746.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,110/mo property income versus a $2,291/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55038, Hugo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,055 (100%) |
| Owner Occupied HU | 8,931 (88.8%) |
| Renter Occupied HU | 868 ( 8.6%) |
| Vacant Housing Units | 256 ( 2.5%) |
| Median Home Value | $484,067 |
| Average Home Value | $520,211 |
Housing Distribution
Address Breakdown
Residential
9,910
Single Family
9,782
Multi-Family
128
Businesses
380
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
