Elliot Plan, Adelaide LandingHugoMN55038
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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 Hugo at Elliot Plan, Adelaide Landing, Hugo, MN, 55038 listed at $563,900 pairs $3,946/mo rent with a $2,760/mo payment to leave $425/mo cash flow. Total monthly income runs $3,946/mo, and annual cash flow reaches $5,097/yr on $185,523 cash to close. Return on cash invested measures 22.81% in year one, and rental yield registers 8.4% at a $563,900 basis. Equity gained on principal adds $3,639/yr, and annual property appreciation at 5% supports $155,795 by year five. Five-year ROI tracks 118.42% and total cumulative return in cash totals $219,702. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,946/mo property income relative to a $2,760/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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