Cascade Plan, The Meadows on Halstead's BayExcelsiorMN55331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Excelsior at Cascade Plan, The Meadows on Halstead's Bay, Excelsior, MN, 55331 priced at $749,579 converts $5,208/mo rent into $369/mo cash flow after a $3,669/mo obligation. Total monthly income equals $5,208/mo, and annual cash flow totals $4,429/yr on $246,611 invested. Return on cash invested prints 21.86% in year one, and rental yield reads 8.34% against a $749,579 entry. Equity gained on principal adds $4,837/yr, while 5% annual appreciation compiles into $207,095 by year five. Five-year ROI reaches 113.61% and total cumulative return in cash sums $280,181. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,208/mo property income covering a $3,669/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$158 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55331, Excelsior, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,593 (100%) |
| Owner Occupied HU | 6,623 (77.1%) |
| Renter Occupied HU | 1,317 (15.3%) |
| Vacant Housing Units | 653 ( 7.6%) |
| Median Home Value | $729,114 |
| Average Home Value | $936,579 |
Housing Distribution
Address Breakdown
Residential
8,524
Single Family
7,725
Multi-Family
799
Businesses
663
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices