114 Wildwood Bay DrMahtomediMN55115
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSteady, low-maintenance, and fundable: 114 Wildwood Bay Dr, Mahtomedi, MN, 55115 in Mahtomedi at $449,900. Rental yield 8.42%. The 8.42% yield and 1.48 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $124,299 by year five, and $3,771/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $184,545.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.0% |
| Monthly Cash Flow | $(219) | $350 |
City averages based on Mahtomedi market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,156 |
| Total Monthly Debt Service | $2,740 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1985
3,833 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55115, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,832 (100%) |
| Owner Occupied HU | 2,873 (75.0%) |
| Renter Occupied HU | 809 (21.1%) |
| Vacant Housing Units | 150 ( 3.9%) |
| Median Home Value | $575,470 |
| Average Home Value | $659,920 |
Housing Distribution
Address Breakdown
Residential
3,644
Single Family
3,060
Multi-Family
584
Businesses
91
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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
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