748 Kirche Hill DrCarverMN55315
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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 Carver at 748 Kirche Hill Dr, Carver, MN, 55315 offers $3,070/mo rent that, after a $1,952/mo payment, leaves $579/mo cash flow. Total monthly income is $3,070/mo, and annual cash flow is $6,954/yr on $132,235 cash. Return on cash invested measures 25.17% in year one, and rental yield stands at 9.24% at a $398,900 entry. Equity gained on principal adds $2,574/yr while 5% annual appreciation compounds into $110,209 by year five. Five-year ROI records 131.13% and total cumulative return in cash reaches $173,394. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,070/mo property income versus a $1,952/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55315, Carver, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,658 (100%) |
| Owner Occupied HU | 2,391 (90.0%) |
| Renter Occupied HU | 202 ( 7.6%) |
| Vacant Housing Units | 65 ( 2.4%) |
| Median Home Value | $461,738 |
| Average Home Value | $528,900 |
Housing Distribution
Address Breakdown
Residential
2,596
Single Family
2,462
Multi-Family
134
Businesses
74
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