34 Somerset DrWaconiaMN55387
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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 34 Somerset Dr, Waconia, MN, 55387 with 5% annual appreciation on a $220,000 basis while $1,733/mo rent supports operations. Total monthly income totals $1,733/mo and a $1,077/mo payment preserves $359/mo for cash returns. Annual cash flow comes to $4,308/yr on $72,930 deployed, and return on cash invested reaches 25.82% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 9.45%. Five-year ROI measures 134.58% and total cumulative return in cash totals $98,147.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,733/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1981
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55387, Waconia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,927 (100%) |
| Owner Occupied HU | 4,545 (76.7%) |
| Renter Occupied HU | 1,157 (19.5%) |
| Vacant Housing Units | 225 ( 3.8%) |
| Median Home Value | $477,570 |
| Average Home Value | $536,279 |
Housing Distribution
Address Breakdown
Residential
6,002
Single Family
5,136
Multi-Family
866
Businesses
460
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