589 Crane Creek LnEaganMN55121
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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 Eagan at 589 Crane Creek Ln, Eagan, MN, 55121 generates $3,436/mo in rent and, after a $1,762/mo payment, leaves $1,188/mo in cash flow. Total monthly income is $3,436/mo, and annual cash flow is $14,258/yr on $119,307 invested. Return on cash invested sits at 31.86% in year one, and rental yield is 11.46% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 167.04% and total cumulative return in cash sums $199,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,436/mo property income rather than buyer’s personal income.
Townhouse
Built in 2001
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55121, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,019 (100%) |
| Owner Occupied HU | 1,842 (36.7%) |
| Renter Occupied HU | 2,859 (57.0%) |
| Vacant Housing Units | 318 ( 6.3%) |
| Median Home Value | $392,216 |
| Average Home Value | $399,373 |
Housing Distribution
Address Breakdown
Residential
4,823
Single Family
2,072
Multi-Family
2,751
Businesses
1,452
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