6708 Chadwick DrSavageMN55378
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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 Savage at 6708 Chadwick Dr, Savage, MN, 55378 offers a 7.5% rental yield on a $450,000 purchase with $2,814/mo rent. Total monthly income registers $2,814/mo, and a $2,203/mo payment leaves $4/mo available for distribution. Annual cash flow reaches $42/yr on $149,175 to close, and return on cash invested stands at 19.94% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 103.07% and total cumulative return in cash at $153,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,814/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1998
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55378, Savage, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,677 (100%) |
| Owner Occupied HU | 9,369 (80.2%) |
| Renter Occupied HU | 2,133 (18.3%) |
| Vacant Housing Units | 175 ( 1.5%) |
| Median Home Value | $426,740 |
| Average Home Value | $477,578 |
Housing Distribution
Address Breakdown
Residential
11,581
Single Family
10,680
Multi-Family
901
Businesses
746
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