6485 Grand View DrEden PrairieMN55346
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 Eden Prairie at 6485 Grand View Dr, Eden Prairie, MN, 55346 uses $159,120 cash to close to unlock $2,940/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $3,242/mo, and a $2,349/mo payment keeps the spread at $245/mo. Purchase price stands at $480,000, and rental yield measures 8.11% with $3,242/mo rent. Return on cash invested shows 21.76% in year one, and 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 112.8% and total cumulative return in cash records $179,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,242/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Single Family
Built in 1985
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55346, Eden Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,676 (100%) |
| Owner Occupied HU | 5,348 (80.1%) |
| Renter Occupied HU | 1,190 (17.8%) |
| Vacant Housing Units | 138 ( 2.1%) |
| Median Home Value | $485,055 |
| Average Home Value | $532,486 |
Housing Distribution
Address Breakdown
Residential
6,582
Single Family
6,248
Multi-Family
334
Businesses
135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A