8570 369th Ave, Waseca, MN, 56093 | 4.98% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,970/mo, and a $2,325/mo payment. Purchase price stands at $475,000, and rental yield measures 4.98% with $1,970/mo rent. Return on cash invested shows 12.32% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 62.2% and total cumulative return in cash records $97,939. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,970/mo property income covering a $2,325/mo payment rather than investor’s personal income.

Single Family

Built in 1972

1.10 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 56093, Waseca, MN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,177 (100%)
Owner Occupied HU	3,597 (69.5%)
Renter Occupied HU	1,296 (25.0%)
Vacant Housing Units	284 ( 5.5%)
Median Home Value	$260,201
Average Home Value	$295,946