The Oak Ridge Plan, Carrigan MeadowsWaverlyMN55390
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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 The Oak Ridge Plan, Carrigan Meadows, Waverly, MN, 55390 with 5% annual appreciation on a $344,000 basis while $2,465/mo rent supports operations. Total monthly income totals $2,465/mo and a $1,684/mo payment preserves $317/mo for cash returns. Annual cash flow comes to $3,799/yr on $114,036 deployed, and return on cash invested reaches 23.24% in year one. Equity gained on principal adds $2,220/yr, and five-year appreciation sums $95,041 alongside rental yield of 8.6%. Five-year ROI measures 120.8% and total cumulative return in cash totals $137,750.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,465/mo property income versus a $1,684/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: 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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