760 Bighorn DrChanhassenMN55317
Nearby investment properties with comparable rents
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
Investment property for sale in Chanhassen at 760 Bighorn Dr, Chanhassen, MN, 55317 earns $221/mo cash flow from $3,655/mo rent with a $2,692/mo payment. Total monthly income totals $3,655/mo, and annual cash flow totals $2,646/yr on $180,950 capital. ROI tracks 21.52% on current figures, and rental yield reads 7.97% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 111.54% and total cumulative return in cash sums $201,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,655/mo property income instead of your personal income.
Single Family
Built in 1989
0.33 Acres 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: Andrea N Kraft • Engel & Volkers Prior Lake
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6774926