451 Murray Hill WayWaconiaMN55387
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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 Waconia at 451 Murray Hill Way, Waconia, MN, 55387 offers $2,376/mo rent that, after a $1,977/mo payment. Total monthly income is $2,376/mo. Return on cash invested measures 18.6% in year one, and rental yield stands at 7.06% at a $404,000 entry. Equity gained on principal adds $2,607/yr while 5% annual appreciation compounds into $111,618 by year five. Five-year ROI records 95.88% and total cumulative return in cash reaches $128,412. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,376/mo property income versus a $1,977/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55387, Waconia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,927 (100%) |
| Owner Occupied HU | 4,545 (76.7%) |
| Renter Occupied HU | 1,157 (19.5%) |
| Vacant Housing Units | 225 ( 3.8%) |
| Median Home Value | $477,570 |
| Average Home Value | $536,279 |
Housing Distribution
Address Breakdown
Residential
6,002
Single Family
5,136
Multi-Family
866
Businesses
460
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