422 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 422 Prairie View Dr, Cologne, MN, 55322 listed at $475,700 pairs $3,883/mo rent with a $2,328/mo payment to leave $913/mo cash flow. Total monthly income runs $3,883/mo, and annual cash flow reaches $10,954/yr on $157,695 cash to close. Return on cash invested measures 26.86% in year one, and rental yield registers 9.8% at a $475,700 basis. Equity gained on principal adds $3,070/yr, and annual property appreciation at 5% supports $131,427 by year five. Five-year ROI tracks 140.16% and total cumulative return in cash totals $221,027. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,883/mo property income relative to a $2,328/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A 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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