909 Pacific AveWaverlyMN55390
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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 Waverly at 909 Pacific Ave, Waverly, MN, 55390 offers a 10.5% rental yield on a $279,900 purchase with $2,449/mo rent. Total monthly income registers $2,449/mo, and a $1,370/mo payment leaves $701/mo available for distribution. Annual cash flow reaches $8,414/yr on $92,787 to close, and return on cash invested stands at 28.98% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 151.57% and total cumulative return in cash at $140,641. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,449/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55390, Waverly, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,413 (100%) |
| Owner Occupied HU | 1,141 (80.8%) |
| Renter Occupied HU | 150 (10.6%) |
| Vacant Housing Units | 122 ( 8.6%) |
| Median Home Value | $391,667 |
| Average Home Value | $424,060 |
Housing Distribution
Address Breakdown
Residential
1,167
Single Family
1,149
Multi-Family
18
Businesses
44
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