The Everest Plan, Forest HillsWatertownMN55388
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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 Watertown at The Everest Plan, Forest Hills, Watertown, MN, 55388 with 5% annual appreciation on a $478,900 basis while $3,396/mo rent supports operations. Total monthly income totals $3,396/mo and a $2,344/mo payment preserves $405/mo for cash returns. Annual cash flow comes to $4,866/yr on $158,755 deployed, and return on cash invested reaches 22.97% in year one. Equity gained on principal adds $3,090/yr, and five-year appreciation sums $132,311 alongside rental yield of 8.51%. Five-year ROI measures 119.36% and total cumulative return in cash totals $189,487.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,396/mo property income versus a $2,344/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55388, Watertown, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,412 (100%) |
| Owner Occupied HU | 1,977 (82.0%) |
| Renter Occupied HU | 361 (15.0%) |
| Vacant Housing Units | 74 ( 3.1%) |
| Median Home Value | $379,982 |
| Average Home Value | $429,614 |
Housing Distribution
Address Breakdown
Residential
2,114
Single Family
2,058
Multi-Family
56
Businesses
161
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