420 Prairie View DrCologneMN55322
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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 Cologne at 420 Prairie View Dr, Cologne, MN, 55322 offers a 9.87% rental yield on a $477,900 purchase with $3,931/mo rent. Total monthly income registers $3,931/mo, and a $2,339/mo payment leaves $947/mo available for distribution. Annual cash flow reaches $11,362/yr on $158,424 to close, and return on cash invested stands at 27.08% in year one. Equity gained on principal adds $3,084/yr while 5% annual appreciation supports $132,035 over five years. Portfolio math shows five-year ROI at 141.37% and total cumulative return in cash at $223,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,931/mo property income against a $2,339/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55322, Cologne, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,534 (100%) |
| Owner Occupied HU | 1,377 (89.8%) |
| Renter Occupied HU | 129 ( 8.4%) |
| Vacant Housing Units | 28 ( 1.8%) |
| Median Home Value | $441,268 |
| Average Home Value | $514,479 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,376
Multi-Family
12
Businesses
72
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