5998 Chasewood Pkwy APT 102MinnetonkaMN55343
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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 Minnetonka at 5998 Chasewood Pkwy APT 102, Minnetonka, MN, 55343 offers a 11.21% rental yield on a $261,000 purchase with $2,438/mo rent. Total monthly income registers $2,438/mo, and a $1,277/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,267/yr on $86,522 to close, and return on cash invested stands at 23.68% in year one. Equity gained on principal adds $1,684/yr while 5% annual appreciation supports $72,109 over five years. Portfolio math shows five-year ROI at 125.9% and total cumulative return in cash at $108,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,438/mo property income against a $1,277/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
4.33 Acres lot
$N/A/sqft
$529 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Tom Nicklow • Minnetonka Realty, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6726411
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