11651 Horizon Dr #406BurnsvilleMN55337
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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 Burnsville at 11651 Horizon Dr #406, Burnsville, MN, 55337 generates $2,173/mo in rent and, after a $1,194/mo payment, leaves $650/mo in cash flow. Total monthly income is $2,173/mo, and annual cash flow is $7,797/yr on $80,853 invested. Return on cash invested sits at 29.55% in year one, and rental yield is 10.69% on a $243,900 entry. Equity gained on principal adds $1,574/yr, while 5% annual appreciation builds toward $67,385 over five years. Five-year ROI reaches 154.64% and total cumulative return in cash sums $125,031. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,173/mo property income rather than buyer’s personal income.
Townhouse
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55337, Burnsville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,950 (100%) |
| Owner Occupied HU | 11,772 (59.0%) |
| Renter Occupied HU | 7,561 (37.9%) |
| Vacant Housing Units | 617 ( 3.1%) |
| Median Home Value | $363,962 |
| Average Home Value | $401,677 |
Housing Distribution
Address Breakdown
Residential
19,290
Single Family
13,449
Multi-Family
5,841
Businesses
1,934
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Listed by: Charles A Campbell • List With Freedom
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6750594