19115 Homestead CirEden PrairieMN55346
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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 Eden Prairie at 19115 Homestead Cir, Eden Prairie, MN, 55346 generates $3,074/mo in rent and, after a $2,349/mo payment, leaves $77/mo in cash flow. Total monthly income is $3,074/mo, and annual cash flow is $926/yr on $159,087 invested. Return on cash invested sits at 20.49% in year one, and rental yield is 7.69% on a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 106.05% and total cumulative return in cash sums $168,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,074/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55346, Eden Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,676 (100%) |
| Owner Occupied HU | 5,348 (80.1%) |
| Renter Occupied HU | 1,190 (17.8%) |
| Vacant Housing Units | 138 ( 2.1%) |
| Median Home Value | $485,055 |
| Average Home Value | $532,486 |
Housing Distribution
Address Breakdown
Residential
6,582
Single Family
6,248
Multi-Family
334
Businesses
135
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Listed by: Grigoriy Vayntrub • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7009844