600 Greenhaven Dr APT 213BurnsvilleMN55306
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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 600 Greenhaven Dr APT 213, Burnsville, MN, 55306 listed at $330,000 pairs $2,284/mo rent with a $1,615/mo payment to leave $224/mo cash flow. Total monthly income runs $2,284/mo, and annual cash flow reaches $2,682/yr on $109,395 cash to close. Return on cash invested measures 22.36% in year one, and rental yield registers 8.31% at a $330,000 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,173 by year five. Five-year ROI tracks 116.08% and total cumulative return in cash totals $126,983. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,284/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2002
N/A 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: Becky Lund • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6800538