3084 Wilds Ridge Ct NWPrior LakeMN55372
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3084 Wilds Ridge Ct NW, Prior Lake, MN, 55372 in Prior Lake carries a 1.54 coverage ratio, rent of $4,084/mo is 1.54 times the $2,653/mo payment. Rental yield 8.31%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $590,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $163,006; total projected cumulative return: $249,601.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 8.0% |
| Monthly Cash Flow | $(36) | $350 |
City averages based on Prior Lake market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,084 |
| Total Monthly Debt Service | $3,450 |
| DSCR Ratio | 1.18x |
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 1995
4,791 sqft lot
$N/A/sqft
No HOA
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 1995
4,791 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7101558