1647 Raymond DrWaconiaMN55387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Waconia at 1647 Raymond Dr, Waconia, MN, 55387 listed at $458,339 pairs $3,814/mo rent with a $2,243/mo payment to leave $952/mo cash flow. Total monthly income runs $3,814/mo, and annual cash flow reaches $11,427/yr on $151,939 cash to close. Return on cash invested measures 27.43% in year one, and rental yield registers 9.99% at a $458,339 basis. Equity gained on principal adds $2,958/yr, and annual property appreciation at 5% supports $126,631 by year five. Five-year ROI tracks 143.26% and total cumulative return in cash totals $217,676. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,814/mo property income relative to a $2,243/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55387, Waconia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,927 (100%) |
| Owner Occupied HU | 4,545 (76.7%) |
| Renter Occupied HU | 1,157 (19.5%) |
| Vacant Housing Units | 225 ( 3.8%) |
| Median Home Value | $477,570 |
| Average Home Value | $536,279 |
Housing Distribution
Address Breakdown
Residential
6,002
Single Family
5,136
Multi-Family
866
Businesses
460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices