247 River Woods LnBurnsvilleMN55337
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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 Burnsville at 247 River Woods Ln, Burnsville, MN, 55337 priced at $209,900 pairs $2,527/mo rent with $1,217/mo cash flow after a $1,027/mo payment. Total monthly income equals $2,527/mo, and annual cash flow comes to $14,600/yr on $69,582 invested. Return on cash invested is 40.89% in year one, and rental yield stands at 14.45% on a $209,900 basis. Equity gained on principal adds $1,354/yr, and 5% annual appreciation accumulates to $57,992 by year five. Five-year ROI measures 215.45% and total cumulative return in cash reaches $149,912. For financing, Ziffy Mortgage’s DSCR program evaluates $2,527/mo property income against a $1,027/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1975
1,742 sqft 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
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Listed by: James J. Engel • RES Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6805588