11623 375th Ave, Waseca, MN, 56093 | 3.63% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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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Investment Highlights

Investment property for sale in Waseca at 11623 375th Ave, Waseca, MN, 56093 offers a 3.63% rental yield on a $565,000 purchase with $1,710/mo rent. 33% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,099 over five years. Portfolio math shows five-year ROI at 40.78% and total cumulative return in cash at $75,807. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,710/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1977

5 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 56093, Waseca, MN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,177 (100%)
Owner Occupied HU	3,597 (69.5%)
Renter Occupied HU	1,296 (25.0%)
Vacant Housing Units	284 ( 5.5%)
Median Home Value	$260,201
Average Home Value	$295,946