3480 Crest AveDeephavenMN55391
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 3480 Crest Ave, Deephaven, MN, 55391 in Deephaven. At $675,000 it earns $5,306/mo in rent and distributes $1,091/mo to the owner after the $3,200/mo payment, a consistent 9.43% yield. DSCR 1.66 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $186,490 in value; $5,658/yr in principal paydown compounds ownership stake. Total projected return: $313,622.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.0% |
| Monthly Cash Flow | $1,091 | $1,500 |
City averages based on Deephaven 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 | $5,306 |
| Total Monthly Debt Service | $4,111 |
| DSCR Ratio | 1.29x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1977
0.47 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
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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
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