11593 Carriage CtEden PrairieMN55344
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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 Eden Prairie at 11593 Carriage Ct, Eden Prairie, MN, 55344 generates $2,638/mo in rent and, after a $1,517/mo payment, leaves $703/mo in cash flow. Total monthly income is $2,638/mo, and annual cash flow is $8,432/yr on $102,732 invested. Return on cash invested sits at 28.12% in year one, and rental yield is 10.21% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 146.93% and total cumulative return in cash sums $150,948. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,638/mo property income rather than buyer’s personal income.
Townhouse
Built in 1980
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55344, Eden Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,278 (100%) |
| Owner Occupied HU | 2,349 (32.3%) |
| Renter Occupied HU | 4,267 (58.6%) |
| Vacant Housing Units | 662 ( 9.1%) |
| Median Home Value | $394,578 |
| Average Home Value | $578,982 |
Housing Distribution
Address Breakdown
Residential
7,732
Single Family
2,512
Multi-Family
5,220
Businesses
1,658
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Listed by: Jenner A Moretto • Counselor Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6823498