6980 Huckleberry DrExcelsiorMN55331
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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 Excelsior at 6980 Huckleberry Dr, Excelsior, MN, 55331 offers a 9.72% rental yield on a $399,900 purchase with $3,240/mo rent. Total monthly income registers $3,240/mo, and a $1,957/mo payment leaves $743/mo available for distribution. Annual cash flow reaches $8,918/yr on $132,567 to close, and return on cash invested stands at 26.64% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 139.01% and total cumulative return in cash at $184,280. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,240/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2019
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55331, Excelsior, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,593 (100%) |
| Owner Occupied HU | 6,623 (77.1%) |
| Renter Occupied HU | 1,317 (15.3%) |
| Vacant Housing Units | 653 ( 7.6%) |
| Median Home Value | $729,114 |
| Average Home Value | $936,579 |
Housing Distribution
Address Breakdown
Residential
8,524
Single Family
7,725
Multi-Family
799
Businesses
663
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