1959 Oakpointe Dr #HMTQZWaconiaMN55322
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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 Waconia at 1959 Oakpointe Dr #HMTQZ, Waconia, MN, 55322 uses $139,992 cash to close to unlock $9,203/yr annual cash flow and $767/mo monthly cash flow. Total monthly income runs $3,404/mo, and a $2,067/mo payment keeps the spread at $767/mo. Purchase price stands at $422,300, and rental yield measures 9.67% with $3,404/mo rent. Return on cash invested shows 26.48% in year one, and 5% annual appreciation builds toward $116,674 over five years. Five-year ROI reaches 138.15% and total cumulative return in cash records $193,401. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,404/mo property income covering a $2,067/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55322, Cologne, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,534 (100%) |
| Owner Occupied HU | 1,377 (89.8%) |
| Renter Occupied HU | 129 ( 8.4%) |
| Vacant Housing Units | 28 ( 1.8%) |
| Median Home Value | $441,268 |
| Average Home Value | $514,479 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,376
Multi-Family
12
Businesses
72
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