414 Waterwheel DrDundasMN55019
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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 Dundas at 414 Waterwheel Dr, Dundas, MN, 55019 offers a 6.86% rental yield on a $325,000 purchase with $1,859/mo rent. 01% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 92.74% and total cumulative return in cash at $99,913. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,859/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55019, Dundas, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 810 (100%) |
| Owner Occupied HU | 708 (87.4%) |
| Renter Occupied HU | 72 ( 8.9%) |
| Vacant Housing Units | 30 ( 3.7%) |
| Median Home Value | $425,424 |
| Average Home Value | $451,773 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
851
Multi-Family
0
Businesses
97
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