3049 Fairway DrChaskaMN55318
Nearby investment properties with comparable rents
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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 Chaska at 3049 Fairway Dr, Chaska, MN, 55318 offers $4,270/mo rent that, after a $6,657/mo payment. Total monthly income is $4,270/mo. Return on cash invested measures 8.87% in year one, and rental yield stands at 3.77% at a $1,360,000 entry. Equity gained on principal adds $8,776/yr while 5% annual appreciation compounds into $375,743 by year five. Five-year ROI records 43.61% and total cumulative return in cash reaches $192,169. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,270/mo property income versus a $6,657/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.48 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kristen L Nicholson • Edina Realty, Inc.
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6570370
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