15563 S Ridgemont Ave SE, Prior Lake, MN, 55372 | $982/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Prior Lake at 15563 S Ridgemont Ave SE, Prior Lake, MN, 55372 offers a 10.44% rental yield on a $400,000 purchase with $3,480/mo rent. Total monthly income registers $3,480/mo, and a $1,958/mo payment leaves $982/mo available for distribution. Annual cash flow reaches $11,784/yr on $132,600 to close, and return on cash invested stands at 28.8% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 150.55% and total cumulative return in cash at $199,636. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,480/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1966

0.54 Acres lot

$N/A/sqft

No HOA