Washburn Plan, Highlands at Settlers RidgeInver Grove HeightsMN55077
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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 Inver Grove Heights at Washburn Plan, Highlands at Settlers Ridge, Inver Grove Heights, MN, 55077 uses $249,708 cash to close to unlock $724/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $4,800/mo, and a $3,715/mo payment keeps the spread at $60/mo. Purchase price stands at $758,990, and rental yield measures 7.59% with $4,800/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $209,695 over five years. Five-year ROI reaches 105.26% and total cumulative return in cash records $262,832. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,800/mo property income covering a $3,715/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55077, Inver Grove Heights, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,829 (100%) |
| Owner Occupied HU | 3,506 (60.1%) |
| Renter Occupied HU | 2,076 (35.6%) |
| Vacant Housing Units | 247 ( 4.2%) |
| Median Home Value | $569,066 |
| Average Home Value | $584,829 |
Housing Distribution
Address Breakdown
Residential
5,786
Single Family
4,015
Multi-Family
1,771
Businesses
175
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A