13560 Technology Dr APT 1218Eden 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 1218, Eden Prairie, MN, 55344 listed at $227,500 pairs $1,993/mo rent with a $1,114/mo payment to leave $573/mo cash flow. Total monthly income runs $1,993/mo, and annual cash flow reaches $6,875/yr on $75,416 cash to close. Return on cash invested measures 29.02% in year one, and rental yield registers 10.51% at a $227,500 basis. Equity gained on principal adds $1,468/yr, and annual property appreciation at 5% supports $62,854 by year five. Five-year ROI tracks 151.8% and total cumulative return in cash totals $114,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,993/mo property income relative to a $1,114/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
435.60 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: Joe D. Collins • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6813115