LOT C14 62 #&-63HinckleyMN55037
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 Hinckley at LOT C14 62 #&-63, Hinckley, MN, 55037 listed at $119,900 pairs $1,266/mo rent with a $587/mo payment to leave $309/mo cash flow. Total monthly income runs $1,266/mo, and annual cash flow reaches $3,710/yr on $39,747 cash to close. Return on cash invested measures 29.24% in year one, and rental yield registers 12.67% at a $119,900 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,126 by year five. Five-year ROI tracks 155.36% and total cumulative return in cash totals $61,752. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,266/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
5,662 sqft lot
$N/A/sqft
$2,496 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55037, Hinckley, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,575 (100%) |
| Owner Occupied HU | 1,512 (42.3%) |
| Renter Occupied HU | 570 (15.9%) |
| Vacant Housing Units | 1,493 (41.8%) |
| Median Home Value | $264,835 |
| Average Home Value | $326,230 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
1,924
Multi-Family
143
Businesses
141
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Nearby investment properties with comparable prices
Listed by: Aaron M. Kontz • Timber Ghost Realty, LLC
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6606471
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