The Crestview Plan, River's EdgeHanoverMN55341
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 Hanover at The Crestview Plan, River's Edge, Hanover, MN, 55341 at $473,000 posts ROI 26.59% with $872/mo cash flow from $3,826/mo rent. Total monthly income equals $3,826/mo, and annual cash flow records $10,469/yr on $156,800 to close. Return on cash invested measures 26.59% and rental yield reads 9.71% at the current $473,000. Equity gained on principal adds $3,052/yr, and 5% annual appreciation supports $130,681 by year five. Five-year ROI prints 138.73% and total cumulative return in cash totals $217,527.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,826/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55341, Hanover, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,392 (100%) |
| Owner Occupied HU | 1,273 (91.5%) |
| Renter Occupied HU | 101 ( 7.3%) |
| Vacant Housing Units | 18 ( 1.3%) |
| Median Home Value | $441,304 |
| Average Home Value | $476,416 |
Housing Distribution
Address Breakdown
Residential
1,271
Single Family
1,267
Multi-Family
4
Businesses
78
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