Jefferson Plan, The Meadows on Halstead's BayExcelsiorMN55331
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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 Excelsior at Jefferson Plan, The Meadows on Halstead's Bay, Excelsior, MN, 55331 offers $4,661/mo rent that, after a $3,940/mo payment. Total monthly income is $4,661/mo. Return on cash invested measures 17.69% in year one, and rental yield stands at 6.95% at a $805,064 entry. Equity gained on principal adds $5,195/yr while 5% annual appreciation compounds into $222,424 by year five. Five-year ROI records 91.24% and total cumulative return in cash reaches $241,658. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,661/mo property income versus a $3,940/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
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