438 Prairie View DrCologneMN55322
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow438 Prairie View Dr, Cologne, MN, 55322 in Cologne earns its strong cash-flow label: 10.8% yield, $3,742/mo rent, $1,145/mo net income, DSCR 2.00. The $415,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $114,906 by year five. Combined with $3,830/yr in principal paydown, total projected return reaches $231,515.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.0% |
| Monthly Cash Flow | $1,145 | $1,000 |
City averages based on Cologne market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,742 |
| Total Monthly Debt Service | $2,432 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
9,147 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2026
9,147 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices