7590 Crimson LnSavageMN55378
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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 Savage at 7590 Crimson Ln, Savage, MN, 55378 uses $92,787 cash to close to unlock $5,786/yr annual cash flow and $482/mo monthly cash flow. Total monthly income runs $2,230/mo, and a $1,370/mo payment keeps the spread at $482/mo. Purchase price stands at $279,900, and rental yield measures 9.56% with $2,230/mo rent. Return on cash invested shows 26.14% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 136.39% and total cumulative return in cash records $126,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,230/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
0.03 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55378, Savage, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,677 (100%) |
| Owner Occupied HU | 9,369 (80.2%) |
| Renter Occupied HU | 2,133 (18.3%) |
| Vacant Housing Units | 175 ( 1.5%) |
| Median Home Value | $426,740 |
| Average Home Value | $477,578 |
Housing Distribution
Address Breakdown
Residential
11,581
Single Family
10,680
Multi-Family
901
Businesses
746
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