740 Maggie WayChanhassenMN55317
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Nearby investment properties with comparable prices
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 Chanhassen at 740 Maggie Way, Chanhassen, MN, 55317 priced at $380,300 pairs $3,030/mo rent with $656/mo cash flow after a $1,861/mo payment. Total monthly income equals $3,030/mo, and annual cash flow comes to $7,867/yr on $126,069 invested. Return on cash invested is 26.15% in year one, and rental yield stands at 9.56% on a $380,300 basis. Equity gained on principal adds $2,454/yr, and 5% annual appreciation accumulates to $105,070 by year five. Five-year ROI measures 136.38% and total cumulative return in cash reaches $171,935. For financing, Ziffy Mortgage’s DSCR program evaluates $3,030/mo property income against a $1,861/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55317, Chanhassen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,594 (100%) |
| Owner Occupied HU | 6,898 (80.3%) |
| Renter Occupied HU | 1,476 (17.2%) |
| Vacant Housing Units | 220 ( 2.6%) |
| Median Home Value | $582,064 |
| Average Home Value | $660,906 |
Housing Distribution
Address Breakdown
Residential
8,864
Single Family
8,032
Multi-Family
832
Businesses
723
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A