Newberry Plan, HawthorneCottage GroveMN55016
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 Cottage Grove at Newberry Plan, Hawthorne, Cottage Grove, MN, 55016 priced at $518,990 converts $3,678/mo rent into $437/mo cash flow after a $2,540/mo obligation. Total monthly income equals $3,678/mo, and annual cash flow totals $5,248/yr on $170,748 invested. Return on cash invested prints 23.13% in year one, and rental yield reads 8.5% against a $518,990 entry. Equity gained on principal adds $3,349/yr, while 5% annual appreciation compiles into $143,387 by year five. Five-year ROI reaches 120.19% and total cumulative return in cash sums $205,230. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,678/mo property income covering a $2,540/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55016, Cottage Grove, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,384 (100%) |
| Owner Occupied HU | 12,945 (84.1%) |
| Renter Occupied HU | 2,017 (13.1%) |
| Vacant Housing Units | 422 ( 2.7%) |
| Median Home Value | $399,285 |
| Average Home Value | $443,584 |
Housing Distribution
Address Breakdown
Residential
14,637
Single Family
13,779
Multi-Family
858
Businesses
451
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A