8160 Virginia LnSavageMN55378
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 Savage at 8160 Virginia Ln, Savage, MN, 55378 offers a 7.95% rental yield on a $425,000 purchase with $2,814/mo rent. Total monthly income registers $2,814/mo, and a $2,080/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,923/yr on $140,888 to close, and return on cash invested stands at 21.27% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 110.24% and total cumulative return in cash at $155,321. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,814/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2015
2,613 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices