18300 Creeks Bend DrMinnetonkaMN55345
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 Minnetonka at 18300 Creeks Bend Dr, Minnetonka, MN, 55345 listed at $378,300 pairs $3,115/mo rent with a $1,852/mo payment to leave $472/mo cash flow. Total monthly income runs $3,115/mo, and annual cash flow reaches $5,667/yr on $125,406 cash to close. Return on cash invested measures 24.43% in year one, and rental yield registers 9.88% at a $378,300 basis. Equity gained on principal adds $2,441/yr, and annual property appreciation at 5% supports $104,517 by year five. Five-year ROI tracks 128.15% and total cumulative return in cash totals $160,711. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,115/mo property income relative to a $1,852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1982
4,174 sqft lot
$N/A/sqft
$280 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55345, Minnetonka, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,939 (100%) |
| Owner Occupied HU | 7,013 (78.5%) |
| Renter Occupied HU | 1,582 (17.7%) |
| Vacant Housing Units | 344 ( 3.8%) |
| Median Home Value | $526,201 |
| Average Home Value | $601,084 |
Housing Distribution
Address Breakdown
Residential
9,020
Single Family
7,877
Multi-Family
1,143
Businesses
557
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A