6947 Archer TrlInver Grove HeightsMN55077
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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
Rental property for sale in Inver Grove Heights at 6947 Archer Trl, Inver Grove Heights, MN, 55077 generates $3,492/mo in rent and, after a $2,080/mo payment, leaves $838/mo in cash flow. Total monthly income is $3,492/mo, and annual cash flow is $10,059/yr on $140,888 invested. Return on cash invested sits at 27.05% in year one, and rental yield is 9.86% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 141.22% and total cumulative return in cash sums $198,965. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,492/mo property income rather than buyer’s personal income.
Townhouse
Built in 2016
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55077, Inver Grove Heights, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,829 (100%) |
| Owner Occupied HU | 3,506 (60.1%) |
| Renter Occupied HU | 2,076 (35.6%) |
| Vacant Housing Units | 247 ( 4.2%) |
| Median Home Value | $569,066 |
| Average Home Value | $584,829 |
Housing Distribution
Address Breakdown
Residential
5,786
Single Family
4,015
Multi-Family
1,771
Businesses
175
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Listed by: Perry Hurth • Keller Williams Realty Integrity
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6808903