13560 Technology Dr APT 1207Eden 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
Investment property for sale in Eden Prairie at 13560 Technology Dr APT 1207, Eden Prairie, MN, 55344 uses $56,322 cash to close to unlock $7,328/yr annual cash flow and $611/mo monthly cash flow. Total monthly income runs $1,672/mo, and a $832/mo payment keeps the spread at $611/mo. Purchase price stands at $169,900, and rental yield measures 11.81% with $1,672/mo rent. Return on cash invested shows 32.92% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 172.73% and total cumulative return in cash records $97,286. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,672/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 2003
3.01 Acres 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: Kim M Gambill • HOMESTEAD ROAD
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6718632