8561 121st Ave NChamplinMN55316
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
Rental property for sale in Champlin at 8561 121st Ave N, Champlin, MN, 55316 generates $2,573/mo in rent and, after a $1,273/mo payment, leaves $949/mo in cash flow. Total monthly income is $2,573/mo, and annual cash flow is $11,388/yr on $86,190 invested. Return on cash invested sits at 33.12% in year one, and rental yield is 11.88% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 173.76% and total cumulative return in cash sums $149,765. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,573/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices