Vanderbilt Plan, Crow River HeightsHanoverMN55341
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 Hanover at Vanderbilt Plan, Crow River Heights, Hanover, MN, 55341 priced at $472,990 converts $3,613/mo rent into $659/mo cash flow after a $2,315/mo obligation. Total monthly income equals $3,613/mo, and annual cash flow totals $7,914/yr on $156,796 invested. Return on cash invested prints 24.96% in year one, and rental yield reads 9.17% against a $472,990 entry. Equity gained on principal adds $3,052/yr, while 5% annual appreciation compiles into $130,678 by year five. Five-year ROI reaches 129.98% and total cumulative return in cash sums $203,808. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,613/mo property income covering a $2,315/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: 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
