11568 Elmwood Ave NChamplinMN55316
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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 Champlin at 11568 Elmwood Ave N, Champlin, MN, 55316 generates $2,612/mo in rent and, after a $1,221/mo payment, leaves $1,054/mo in cash flow. Total monthly income is $2,612/mo, and annual cash flow is $12,650/yr on $82,709 invested. Return on cash invested sits at 35.2% in year one, and rental yield is 12.56% on a $249,500 entry. Equity gained on principal adds $1,610/yr, while 5% annual appreciation builds toward $68,932 over five years. Five-year ROI reaches 184.97% and total cumulative return in cash sums $152,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,612/mo property income rather than buyer’s personal income.
Townhouse
Built in 1996
0.61 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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