10381 Balsam LnEden PrairieMN55347
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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 Eden Prairie at 10381 Balsam Ln, Eden Prairie, MN, 55347 listed at $309,000 pairs $2,876/mo rent with a $1,512/mo payment to leave $947/mo cash flow. Total monthly income runs $2,876/mo, and annual cash flow reaches $11,362/yr on $102,434 cash to close. Return on cash invested measures 31% in year one, and rental yield registers 11.17% at a $309,000 basis. Equity gained on principal adds $1,994/yr, and annual property appreciation at 5% supports $85,371 by year five. Five-year ROI tracks 162.4% and total cumulative return in cash totals $166,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,876/mo property income relative to a $1,512/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1979
1,824 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55347, Eden Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,282 (100%) |
| Owner Occupied HU | 9,943 (81.0%) |
| Renter Occupied HU | 1,803 (14.7%) |
| Vacant Housing Units | 536 ( 4.4%) |
| Median Home Value | $577,096 |
| Average Home Value | $633,352 |
Housing Distribution
Address Breakdown
Residential
11,765
Single Family
11,233
Multi-Family
532
Businesses
153
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Listed by: Pang Moua • National Realty Guild
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7010423