344 Stonewood PlBurnsvilleMN55306
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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
Investment property for sale in Burnsville at 344 Stonewood Pl, Burnsville, MN, 55306 uses $125,937 cash to close to unlock $6,506/yr annual cash flow and $542/mo monthly cash flow. Total monthly income runs $2,914/mo, and a $1,859/mo payment keeps the spread at $542/mo. Purchase price stands at $379,900, and rental yield measures 9.2% with $2,914/mo rent. Return on cash invested shows 25.07% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 130.65% and total cumulative return in cash records $164,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,914/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Townhouse
Built in 2019
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55306, Burnsville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,247 (100%) |
| Owner Occupied HU | 4,229 (58.4%) |
| Renter Occupied HU | 2,727 (37.6%) |
| Vacant Housing Units | 291 ( 4.0%) |
| Median Home Value | $434,446 |
| Average Home Value | $456,751 |
Housing Distribution
Address Breakdown
Residential
7,481
Single Family
4,308
Multi-Family
3,173
Businesses
383
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Listed by: Grant T Vaith • Grant Thomas Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6754816