566 Mission Hills Way WChanhassenMN55317
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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 566 Mission Hills Way W, Chanhassen, MN, 55317 offers a 8.23% rental yield on a $225,000 purchase with $1,543/mo rent. Total monthly income registers $1,543/mo, and a $1,101/mo payment leaves $138/mo available for distribution. Annual cash flow reaches $1,659/yr on $74,588 to close, and return on cash invested stands at 22.13% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 114.9% and total cumulative return in cash at $85,701. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,543/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1995
435.60 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: Michael J Pahl • Compass
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6786399