10300 Parkview LnChamplinMN55316
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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 Champlin at 10300 Parkview Ln, Champlin, MN, 55316 uses $140,887 cash to close to unlock $5,295/yr annual cash flow and $441/mo monthly cash flow. Total monthly income runs $3,095/mo, and a $2,080/mo payment keeps the spread at $441/mo. Purchase price stands at $424,999, and rental yield measures 8.74% with $3,095/mo rent. Return on cash invested shows 23.67% in year one, and 5% annual appreciation builds toward $117,419 over five years. Five-year ROI reaches 123.08% and total cumulative return in cash records $173,404. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,095/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55316, Champlin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,313 (100%) |
| Owner Occupied HU | 7,601 (81.6%) |
| Renter Occupied HU | 1,469 (15.8%) |
| Vacant Housing Units | 243 ( 2.6%) |
| Median Home Value | $376,092 |
| Average Home Value | $427,550 |
Housing Distribution
Address Breakdown
Residential
9,377
Single Family
8,434
Multi-Family
943
Businesses
368
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