40 Alva CtWaconiaMN55387
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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
Investment Highlights
Investment property for sale in Waconia at 40 Alva Ct, Waconia, MN, 55387 earns $913/mo cash flow from $3,251/mo rent with a $1,796/mo payment. Total monthly income totals $3,251/mo, and annual cash flow totals $10,957/yr on $121,661 capital. ROI tracks 28.91% on current figures, and rental yield reads 10.63% at a $367,000 purchase. Equity gained on principal adds $2,368/yr, and 5% annual appreciation supports $101,395 over five years. Five-year ROI reaches 151.41% and total cumulative return in cash sums $184,211. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,251/mo property income instead of your personal income.
Single Family
Built in 1995
0.44 Acres 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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Nearby investment properties with comparable prices
Listed by: Jacob Fahrendorff • eXp Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6564386
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