620 Tetonka View DrWatervilleMN56096
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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 Waterville at 620 Tetonka View Dr, Waterville, MN, 56096 with 5% annual appreciation on a $624,000 basis while $2,327/mo rent supports operations. 89% in year one. Equity gained on principal adds $4,027/yr, and five-year appreciation sums $172,400 alongside rental yield of 4.47%. Five-year ROI measures 54.5% and total cumulative return in cash totals $111,887. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,327/mo property income versus a $3,054/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56096, Waterville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,553 (100%) |
| Owner Occupied HU | 984 (63.4%) |
| Renter Occupied HU | 273 (17.6%) |
| Vacant Housing Units | 296 (19.1%) |
| Median Home Value | $342,248 |
| Average Home Value | $382,523 |
Housing Distribution
Address Breakdown
Residential
1,332
Single Family
1,233
Multi-Family
99
Businesses
91
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Listed by: Gregory W Lawrence • HomeAvenue Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6770748