1196 Cypress Dr WAnnandaleMN55302
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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
Rental property for sale in Annandale at 1196 Cypress Dr W, Annandale, MN, 55302 priced at $419,700 converts $0/mo rent into after a $2,054/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.77% in year one, and rental yield reads 0% against a $419,700 entry. Equity gained on principal adds $2,708/yr, while 5% annual appreciation compiles into $115,955 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,054/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
6,534 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55302, Annandale, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,240 (100%) |
| Owner Occupied HU | 2,701 (63.7%) |
| Renter Occupied HU | 487 (11.5%) |
| Vacant Housing Units | 1,052 (24.8%) |
| Median Home Value | $457,950 |
| Average Home Value | $488,936 |
Housing Distribution
Address Breakdown
Residential
3,257
Single Family
3,042
Multi-Family
215
Businesses
221
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Gary C Dagner • Oak Realty LLP
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6594315
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