16555 Irwin CtLakevilleMN55044
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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 Lakeville at 16555 Irwin Ct, Lakeville, MN, 55044 generates $3,184/mo in rent, after a $2,912/mo payment. Total monthly income is $3,184/mo. Return on cash invested sits at 13.64% in year one, and rental yield is 6.42% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 70.41% and total cumulative return in cash sums $137,834. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,184/mo property income rather than buyer’s personal income.
Townhouse
Built in 2002
4,356 sqft lot
$N/A/sqft
$516 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Oswald • Coldwell Banker Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6613299
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