Henry Plan, Heritage Ridge VillasHastingsMN55033
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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
Rental property for sale in Hastings at Henry Plan, Heritage Ridge Villas, Hastings, MN, 55033 priced at $431,900 converts $3,376/mo rent into $679/mo cash flow after a $2,114/mo obligation. Total monthly income equals $3,376/mo, and annual cash flow totals $8,147/yr on $143,175 invested. Return on cash invested prints 25.6% in year one, and rental yield reads 9.38% against a $431,900 entry. Equity gained on principal adds $2,787/yr, while 5% annual appreciation compiles into $119,326 by year five. Five-year ROI reaches 133.41% and total cumulative return in cash sums $191,015. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,376/mo property income covering a $2,114/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55033, Hastings, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,556 (100%) |
| Owner Occupied HU | 9,207 (73.3%) |
| Renter Occupied HU | 2,909 (23.2%) |
| Vacant Housing Units | 440 ( 3.5%) |
| Median Home Value | $394,727 |
| Average Home Value | $426,836 |
Housing Distribution
Address Breakdown
Residential
12,286
Single Family
10,526
Multi-Family
1,760
Businesses
682
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