6318 Goodwin LnWyomingMN55092
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
Investment Highlights
Rental property for sale in Wyoming at 6318 Goodwin Ln, Wyoming, MN, 55092 priced at $496,963 converts $1,674/mo rent into after a $2,432/mo obligation. Total monthly income equals $1,674/mo. Return on cash invested prints 8.47% in year one, and rental yield reads 4.04% against a $496,963 entry. Equity gained on principal adds $3,207/yr, while 5% annual appreciation compiles into $137,302 by year five. Five-year ROI reaches 41.95% and total cumulative return in cash sums $69,110. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,674/mo property income covering a $2,432/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
8,712 sqft lot
$N/A/sqft
$142 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55092, Wyoming, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,309 (100%) |
| Owner Occupied HU | 3,645 (84.6%) |
| Renter Occupied HU | 503 (11.7%) |
| Vacant Housing Units | 161 ( 3.7%) |
| Median Home Value | $381,064 |
| Average Home Value | $411,559 |
Housing Distribution
Address Breakdown
Residential
4,158
Single Family
4,057
Multi-Family
101
Businesses
149
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Nearby investment properties with comparable prices
Listed by: Christopher Fritch • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6651298
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