16294 Florida Way WRosemountMN55068
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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 Rosemount at 16294 Florida Way W, Rosemount, MN, 55068 offers a 8.62% rental yield on a $339,900 purchase with $2,442/mo rent. Total monthly income registers $2,442/mo, and a $1,664/mo payment leaves $319/mo available for distribution. Annual cash flow reaches $3,830/yr on $112,677 to close, and return on cash invested stands at 23.31% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 121.16% and total cumulative return in cash at $136,523. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,442/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55068, Rosemount, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,797 (100%) |
| Owner Occupied HU | 11,579 (83.9%) |
| Renter Occupied HU | 1,954 (14.2%) |
| Vacant Housing Units | 264 ( 1.9%) |
| Median Home Value | $446,988 |
| Average Home Value | $494,515 |
Housing Distribution
Address Breakdown
Residential
12,191
Single Family
11,425
Multi-Family
766
Businesses
430
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