6404 Red Cedar DrChaskaMN55318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chaska at 6404 Red Cedar Dr, Chaska, MN, 55318 at $666,516 posts ROI 20.44% with $69/mo cash flow from $4,270/mo rent. Total monthly income equals $4,270/mo, and annual cash flow records $831/yr on $219,284 to close. Return on cash invested measures 20.44% and rental yield reads 7.69% at the current $666,516. Equity gained on principal adds $4,301/yr, and 5% annual appreciation supports $184,146 by year five. Five-year ROI prints 105.81% and total cumulative return in cash totals $232,023.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,270/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.26 Acres lot
$N/A/sqft
$117 quarterly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alanna Paphatsalang • Robert Thomas Homes, Inc.
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6610065
Disclaimer: Based on information submitted to the MLS GRID as of 2024-10-14 10:41:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_28) By searching Northstar MLS listings you agree to the [Northstar MLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)