664 Old Orchard RdWaconiaMN55387
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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 Waconia at 664 Old Orchard Rd, Waconia, MN, 55387 with 5% annual appreciation on a $407,000 basis while $2,422/mo rent supports operations. 29% in year one. Equity gained on principal adds $2,626/yr, and five-year appreciation sums $112,447 alongside rental yield of 7.14%. Five-year ROI measures 79.44% and total cumulative return in cash totals $107,178. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,422/mo property income versus a $1,992/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
2,613 sqft lot
$N/A/sqft
$400 monthly 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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