705 W River PkwyChamplinMN55316
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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 Champlin at 705 W River Pkwy, Champlin, MN, 55316 at $1,520,100 posts ROI 5.93% with from $3,565/mo rent. Total monthly income equals $3,565/mo. Return on cash invested measures 5.93% and rental yield reads 2.81% at the current $1,520,100. Equity gained on principal adds $9,809/yr, and 5% annual appreciation supports $419,976 by year five. Five-year ROI prints 27.85% and total cumulative return in cash totals $137,146. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,565/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55316, Champlin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,313 (100%) |
| Owner Occupied HU | 7,601 (81.6%) |
| Renter Occupied HU | 1,469 (15.8%) |
| Vacant Housing Units | 243 ( 2.6%) |
| Median Home Value | $376,092 |
| Average Home Value | $427,550 |
Housing Distribution
Address Breakdown
Residential
9,377
Single Family
8,434
Multi-Family
943
Businesses
368
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