13861 Edgewood AveSavageMN55378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Savage at 13861 Edgewood Ave, Savage, MN, 55378 generates $2,382/mo in rent and, after a $1,448/mo payment, leaves $265/mo in cash flow. Total monthly income is $2,382/mo, and annual cash flow is $3,174/yr on $98,091 invested. Return on cash invested sits at 23.15% in year one, and rental yield is 9.66% on a $295,900 entry. Equity gained on principal adds $1,909/yr, while 5% annual appreciation builds toward $81,752 over five years. Five-year ROI reaches 121.48% and total cumulative return in cash sums $119,157. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,382/mo property income rather than buyer’s personal income.
Townhouse
Built in 1998
2,178 sqft lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55378, Savage, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,677 (100%) |
| Owner Occupied HU | 9,369 (80.2%) |
| Renter Occupied HU | 2,133 (18.3%) |
| Vacant Housing Units | 175 ( 1.5%) |
| Median Home Value | $426,740 |
| Average Home Value | $477,578 |
Housing Distribution
Address Breakdown
Residential
11,581
Single Family
10,680
Multi-Family
901
Businesses
746
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsey Hagen • HomeFront Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6599384
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