Hillcrest Plan, Legacy WoodsDelanoMN55328
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
Rental property for sale in Delano at Hillcrest Plan, Legacy Woods, Delano, MN, 55328 offers $3,064/mo rent that, after a $2,393/mo payment, leaves $11/mo cash flow. Total monthly income is $3,064/mo, and annual cash flow is $130/yr on $162,100 cash. Return on cash invested measures 19.99% in year one, and rental yield stands at 7.52% at a $488,990 entry. Equity gained on principal adds $3,155/yr while 5% annual appreciation compounds into $135,099 by year five. Five-year ROI records 103.33% and total cumulative return in cash reaches $167,503. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,064/mo property income versus a $2,393/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
