Afton Plan, Woodward PondsCottage GroveMN55016
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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 Cottage Grove at Afton Plan, Woodward Ponds, Cottage Grove, MN, 55016 priced at $355,990 pairs $4,567/mo rent with $2,344/mo cash flow after a $1,742/mo payment. Total monthly income equals $4,567/mo, and annual cash flow comes to $28,133/yr on $118,011 invested. Return on cash invested is 43.75% in year one, and rental yield stands at 15.39% on a $355,990 basis. Equity gained on principal adds $2,297/yr, and 5% annual appreciation accumulates to $98,353 by year five. Five-year ROI measures 230.77% and total cumulative return in cash reaches $272,338. For financing, Ziffy Mortgage’s DSCR program evaluates $4,567/mo property income against a $1,742/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55016, Cottage Grove, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,384 (100%) |
| Owner Occupied HU | 12,945 (84.1%) |
| Renter Occupied HU | 2,017 (13.1%) |
| Vacant Housing Units | 422 ( 2.7%) |
| Median Home Value | $399,285 |
| Average Home Value | $443,584 |
Housing Distribution
Address Breakdown
Residential
14,637
Single Family
13,779
Multi-Family
858
Businesses
451
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Listed by: Allison Boreen • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A