7690 Heritage RdEden PrairieMN55346
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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 Eden Prairie at 7690 Heritage Rd, Eden Prairie, MN, 55346 uses $120,169 cash to close to unlock $15,392/yr annual cash flow and $1,283/mo monthly cash flow. Total monthly income runs $3,546/mo, and a $1,774/mo payment keeps the spread at $1,283/mo. Purchase price stands at $362,500, and rental yield measures 11.74% with $3,546/mo rent. Return on cash invested shows 32.72% in year one, and 5% annual appreciation builds toward $100,152 over five years. Five-year ROI reaches 171.61% and total cumulative return in cash records $206,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,546/mo property income covering a $1,774/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55346, Eden Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,676 (100%) |
| Owner Occupied HU | 5,348 (80.1%) |
| Renter Occupied HU | 1,190 (17.8%) |
| Vacant Housing Units | 138 ( 2.1%) |
| Median Home Value | $485,055 |
| Average Home Value | $532,486 |
Housing Distribution
Address Breakdown
Residential
6,582
Single Family
6,248
Multi-Family
334
Businesses
135
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Listed by: Danielle Martinez • HOMESTEAD ROAD
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6794442