15140 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
Investment property for sale in Savage at 15140 Edgewood Ave, Savage, MN, 55378 listed at $589,900 pairs $3,811/mo rent with a $2,887/mo payment to leave $128/mo cash flow. Total monthly income runs $3,811/mo, and annual cash flow reaches $1,532/yr on $194,077 cash to close. Return on cash invested measures 20.85% in year one, and rental yield registers 7.75% at a $589,900 basis. Equity gained on principal adds $3,807/yr, and annual property appreciation at 5% supports $162,978 by year five. Five-year ROI tracks 107.92% and total cumulative return in cash totals $209,445. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,811/mo property income relative to a $2,887/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
0.40 Acres lot
$N/A/sqft
No 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
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Nearby investment properties with comparable prices
Listed by: Kelly Beck • RE/MAX Advantage Plus
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6608389
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