2841 Mayfield RdWayzataMN55391
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2841 Mayfield Rd, Wayzata, MN, 55391 in Wayzata speaks for itself: 10.1% gross on a $929,900 price, generating $7,828/mo in rent and $2,021/mo in net income after the $4,181/mo debt service. DSCR 1.87, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $24,250 stacks alongside $256,914 in projected five-year appreciation and $8,564/yr in principal reduction. Projected total cumulative return: $482,931.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.2% |
| Monthly Cash Flow | $2,021 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $7,828 |
| Total Monthly Debt Service | $5,437 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55391, Wayzata, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,187 (100%) |
| Owner Occupied HU | 4,941 (68.7%) |
| Renter Occupied HU | 1,562 (21.7%) |
| Vacant Housing Units | 684 ( 9.5%) |
| Median Home Value | $870,365 |
| Average Home Value | $1,069,086 |
Housing Distribution
Address Breakdown
Residential
7,230
Single Family
5,992
Multi-Family
1,238
Businesses
984
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
Single Family
Built in 1972
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55391, Wayzata, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,187 (100%) |
| Owner Occupied HU | 4,941 (68.7%) |
| Renter Occupied HU | 1,562 (21.7%) |
| Vacant Housing Units | 684 ( 9.5%) |
| Median Home Value | $870,365 |
| Average Home Value | $1,069,086 |
Housing Distribution
Address Breakdown
Residential
7,230
Single Family
5,992
Multi-Family
1,238
Businesses
984
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices