468 Heartland CtChanhassenMN55317
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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 Chanhassen at 468 Heartland Ct, Chanhassen, MN, 55317 with 5% annual appreciation on a $295,000 basis while $2,260/mo rent supports operations. Total monthly income totals $2,260/mo and a $1,444/mo payment preserves $418/mo for cash returns. Annual cash flow comes to $5,013/yr on $97,793 deployed, and return on cash invested reaches 25.04% in year one. Equity gained on principal adds $1,904/yr, and five-year appreciation sums $81,503 alongside rental yield of 9.19%. Five-year ROI measures 130.4% and total cumulative return in cash totals $127,526.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,260/mo property income versus a $1,444/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1995
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55317, Chanhassen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,594 (100%) |
| Owner Occupied HU | 6,898 (80.3%) |
| Renter Occupied HU | 1,476 (17.2%) |
| Vacant Housing Units | 220 ( 2.6%) |
| Median Home Value | $582,064 |
| Average Home Value | $660,906 |
Housing Distribution
Address Breakdown
Residential
8,864
Single Family
8,032
Multi-Family
832
Businesses
723
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Listed by: Karin Rice-Duncanson • Pemberton RE
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6819921