7606 116th Ave 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
Investment property for sale in Champlin at 7606 116th Ave N, Champlin, MN, 55316 listed at $439,900 pairs $2,576/mo rent with a $2,153/mo payment. Total monthly income runs $2,576/mo. Return on cash invested measures 18.5% in year one, and rental yield registers 7.03% at a $439,900 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,536 by year five. Five-year ROI tracks 95.39% and total cumulative return in cash totals $139,107. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,576/mo property income relative to a $2,153/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
0.26 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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