6923 Edenvale BlvdEden PrairieMN55346
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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 Eden Prairie at 6923 Edenvale Blvd, Eden Prairie, MN, 55346 offers a 8.73% rental yield on a $329,000 purchase with $2,394/mo rent. Total monthly income registers $2,394/mo, and a $1,610/mo payment leaves $340/mo available for distribution. Annual cash flow reaches $4,078/yr on $109,064 to close, and return on cash invested stands at 23.65% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 122.96% and total cumulative return in cash at $134,109. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,394/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1974
2,178 sqft 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
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Listed by: Thomas Geisler • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6791645