693 Shardlow Pl NEByronMN55920
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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 Byron at 693 Shardlow Pl NE, Byron, MN, 55920 uses $88,809 cash to close to unlock $10,540/yr annual cash flow and $878/mo monthly cash flow. Total monthly income runs $2,771/mo, and a $1,311/mo payment keeps the spread at $878/mo. Purchase price stands at $267,900, and rental yield measures 12.41% with $2,771/mo rent. Return on cash invested shows 31.78% in year one, and 5% annual appreciation builds toward $74,016 over five years. Five-year ROI reaches 167.66% and total cumulative return in cash records $148,898. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,771/mo property income covering a $1,311/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
1,306 sqft lot
$N/A/sqft
$220 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Dean Mack • Edina Realty, Inc.
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6616515
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