213 Summerfield LnWaverlyMN55390
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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 Waverly at 213 Summerfield Ln, Waverly, MN, 55390 listed at $309,900 pairs $2,830/mo rent with a $1,517/mo payment to leave $895/mo cash flow. Total monthly income runs $2,830/mo, and annual cash flow reaches $10,736/yr on $102,732 cash to close. Return on cash invested measures 30.36% in year one, and rental yield registers 10.96% at a $309,900 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,620 by year five. Five-year ROI tracks 158.97% and total cumulative return in cash totals $163,308. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,830/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
10,018 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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