40602 Blair WayWahkonMN56386
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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 Wahkon at 40602 Blair Way, Wahkon, MN, 56386 listed at $839,900 pairs $1,546/mo rent with a $4,111/mo payment. Total monthly income runs $1,546/mo. Return on cash invested measures 4% in year one, and rental yield registers 2.21% at a $839,900 basis. Equity gained on principal adds $5,420/yr, and annual property appreciation at 5% supports $232,049 by year five. Five-year ROI tracks 17.56% and total cumulative return in cash totals $48,535. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,546/mo property income relative to a $4,111/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56386, Wahkon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 569 (100%) |
| Owner Occupied HU | 268 (47.1%) |
| Renter Occupied HU | 74 (13.0%) |
| Vacant Housing Units | 227 (39.9%) |
| Median Home Value | $296,667 |
| Average Home Value | $362,761 |
Housing Distribution
Address Breakdown
Residential
332
Single Family
332
Multi-Family
0
Businesses
23
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