1534 Millpond CtChaskaMN55318
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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 Chaska at 1534 Millpond Ct, Chaska, MN, 55318 offers $1,293/mo rent that, after a $832/mo payment. Total monthly income is $1,293/mo. Return on cash invested measures 16.79% in year one, and rental yield stands at 9.13% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 89.15% and total cumulative return in cash reaches $50,241. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,293/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1973
871.20 sqft lot
$N/A/sqft
$378 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy Ontko • Keller Williams Realty Integrity Lakes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6709491
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