856 Hickory CurvWatertownMN55388
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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 Watertown at 856 Hickory Curv, Watertown, MN, 55388 listed at $389,000 pairs $3,020/mo rent with a $1,904/mo payment to leave $591/mo cash flow. Total monthly income runs $3,020/mo, and annual cash flow reaches $7,090/yr on $128,954 cash to close. Return on cash invested measures 25.41% in year one, and rental yield registers 9.32% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 132.4% and total cumulative return in cash totals $170,730. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,020/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
0.29 Acres 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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