1109 Primrose LnWaconiaMN55387
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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 Waconia at 1109 Primrose Ln, Waconia, MN, 55387 uses $79,295 cash to close to unlock $8,713/yr annual cash flow and $726/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,171/mo payment keeps the spread at $726/mo. Purchase price stands at $239,200, and rental yield measures 11.14% with $2,220/mo rent. Return on cash invested shows 30.9% in year one, and 5% annual appreciation builds toward $66,087 over five years. Five-year ROI reaches 161.9% and total cumulative return in cash records $128,379. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,171/mo payment rather than investor’s personal income.
Townhouse
Built in 2000
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55387, Waconia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,927 (100%) |
| Owner Occupied HU | 4,545 (76.7%) |
| Renter Occupied HU | 1,157 (19.5%) |
| Vacant Housing Units | 225 ( 3.8%) |
| Median Home Value | $477,570 |
| Average Home Value | $536,279 |
Housing Distribution
Address Breakdown
Residential
6,002
Single Family
5,136
Multi-Family
866
Businesses
460
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