16547 Eagle Ridge CirChengwatana TownshipMN55063
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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
Investment property for sale in Chengwatana Township at 16547 Eagle Ridge Cir, Chengwatana Township, MN, 55063 listed at $363,700 pairs $2,394/mo rent with a $1,780/mo payment to leave $123/mo cash flow. Total monthly income runs $2,394/mo, and annual cash flow reaches $1,476/yr on $120,567 cash to close. Return on cash invested measures 21.13% in year one, and rental yield registers 7.9% at a $363,700 basis. Equity gained on principal adds $2,347/yr, and annual property appreciation at 5% supports $100,484 by year five. Five-year ROI tracks 109.52% and total cumulative return in cash totals $132,043. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,394/mo property income relative to a $1,780/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55063, Pine City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,878 (100%) |
| Owner Occupied HU | 3,157 (64.7%) |
| Renter Occupied HU | 856 (17.5%) |
| Vacant Housing Units | 865 (17.7%) |
| Median Home Value | $285,815 |
| Average Home Value | $320,475 |
Housing Distribution
Address Breakdown
Residential
4,386
Single Family
4,086
Multi-Family
300
Businesses
292
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Listed by: Haeley Newman • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6775225