1601 Raleigh DrBurnsvilleMN55337
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 Burnsville at 1601 Raleigh Dr, Burnsville, MN, 55337 at $374,999 posts ROI 21.34% with $148/mo cash flow from $2,489/mo rent. Total monthly income equals $2,489/mo, and annual cash flow records $1,773/yr on $124,312 to close. Return on cash invested measures 21.34% and rental yield reads 7.96% at the current $374,999. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,605 by year five. Five-year ROI prints 110.56% and total cumulative return in cash totals $137,439.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,489/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55337, Burnsville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,950 (100%) |
| Owner Occupied HU | 11,772 (59.0%) |
| Renter Occupied HU | 7,561 (37.9%) |
| Vacant Housing Units | 617 ( 3.1%) |
| Median Home Value | $363,962 |
| Average Home Value | $401,677 |
Housing Distribution
Address Breakdown
Residential
19,290
Single Family
13,449
Multi-Family
5,841
Businesses
1,934
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cristy Elizabeth Oldman • HOMESTEAD ROAD
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7006248