42156 120th StWasecaMN56093
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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
Rental property for sale in Waseca at 42156 120th St, Waseca, MN, 56093 generates $1,362/mo in rent, after a $1,221/mo payment. Total monthly income is $1,362/mo. Return on cash invested sits at 17.07% in year one, and rental yield is 6.55% on a $249,500 entry. Equity gained on principal adds $1,610/yr, while 5% annual appreciation builds toward $68,932 over five years. Five-year ROI reaches 87.73% and total cumulative return in cash sums $72,561. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,362/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56093, Waseca, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,177 (100%) |
| Owner Occupied HU | 3,597 (69.5%) |
| Renter Occupied HU | 1,296 (25.0%) |
| Vacant Housing Units | 284 ( 5.5%) |
| Median Home Value | $260,201 |
| Average Home Value | $295,946 |
Housing Distribution
Address Breakdown
Residential
5,101
Single Family
4,308
Multi-Family
793
Businesses
397
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