160 Summerfield DrWaverlyMN55390
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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 Waverly at 160 Summerfield Dr, Waverly, MN, 55390 priced at $353,900 pairs $630/mo rent with after a $1,732/mo payment. Total monthly income equals $630/mo. Return on cash invested is 3.75% in year one, and rental yield stands at 2.14% on a $353,900 basis. Equity gained on principal adds $2,284/yr, and 5% annual appreciation accumulates to $97,776 by year five. Five-year ROI measures 16.29% and total cumulative return in cash reaches $19,106. For financing, Ziffy Mortgage’s DSCR program evaluates $630/mo property income against a $1,732/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55390, Waverly, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,413 (100%) |
| Owner Occupied HU | 1,141 (80.8%) |
| Renter Occupied HU | 150 (10.6%) |
| Vacant Housing Units | 122 ( 8.6%) |
| Median Home Value | $391,667 |
| Average Home Value | $424,060 |
Housing Distribution
Address Breakdown
Residential
1,167
Single Family
1,149
Multi-Family
18
Businesses
44
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