799 Forest Hills LnWatertownMN55388
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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 Watertown at 799 Forest Hills Ln, Watertown, MN, 55388 priced at $485,000 converts $3,090/mo rent into $61/mo cash flow after a $2,374/mo obligation. Total monthly income equals $3,090/mo, and annual cash flow totals $735/yr on $160,778 invested. Return on cash invested prints 20.37% in year one, and rental yield reads 7.65% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 105.38% and total cumulative return in cash sums $169,430. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,090/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 2021
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55388, Watertown, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,412 (100%) |
| Owner Occupied HU | 1,977 (82.0%) |
| Renter Occupied HU | 361 (15.0%) |
| Vacant Housing Units | 74 ( 3.1%) |
| Median Home Value | $379,982 |
| Average Home Value | $429,614 |
Housing Distribution
Address Breakdown
Residential
2,114
Single Family
2,058
Multi-Family
56
Businesses
161
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