719 Keniston St NChamplinMN55316
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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 Champlin at 719 Keniston St N, Champlin, MN, 55316 priced at $329,000 pairs $3,035/mo rent with $981/mo cash flow after a $1,610/mo payment. Total monthly income equals $3,035/mo, and annual cash flow comes to $11,770/yr on $109,064 invested. Return on cash invested is 30.7% in year one, and rental yield stands at 11.07% on a $329,000 basis. Equity gained on principal adds $2,123/yr, and 5% annual appreciation accumulates to $90,897 by year five. Five-year ROI measures 160.78% and total cumulative return in cash reaches $175,353. For financing, Ziffy Mortgage’s DSCR program evaluates $3,035/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.27 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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