2002 Mulberry LnCarverMN55315
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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 Carver at 2002 Mulberry Ln, Carver, MN, 55315 priced at $775,000 converts $3,954/mo rent into after a $3,793/mo obligation. Total monthly income equals $3,954/mo. Return on cash invested prints 15.89% in year one, and rental yield reads 6.12% against a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation compiles into $214,118 by year five. Five-year ROI reaches 81.35% and total cumulative return in cash sums $207,415. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,954/mo property income covering a $3,793/mo payment, not borrower’s personal income.
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55315, Carver, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,658 (100%) |
| Owner Occupied HU | 2,391 (90.0%) |
| Renter Occupied HU | 202 ( 7.6%) |
| Vacant Housing Units | 65 ( 2.4%) |
| Median Home Value | $461,738 |
| Average Home Value | $528,900 |
Housing Distribution
Address Breakdown
Residential
2,596
Single Family
2,462
Multi-Family
134
Businesses
74
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