8651 Basswood Rd UNIT 108Eden PrairieMN55344
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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 8651 Basswood Rd UNIT 108, Eden Prairie, MN, 55344 earns from $2,340/mo rent with a $1,282/mo payment. Total monthly income totals $2,340/mo. ROI tracks 15.13% on current figures, and rental yield reads 10.72% at a $262,000 purchase. Equity gained on principal adds $1,691/yr, and 5% annual appreciation supports $72,386 over five years. Five-year ROI reaches 82.59% and total cumulative return in cash sums $71,733. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.
Condo
Built in 1986
4.11 Acres lot
$N/A/sqft
$1,050 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55344, Eden Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,278 (100%) |
| Owner Occupied HU | 2,349 (32.3%) |
| Renter Occupied HU | 4,267 (58.6%) |
| Vacant Housing Units | 662 ( 9.1%) |
| Median Home Value | $394,578 |
| Average Home Value | $578,982 |
Housing Distribution
Address Breakdown
Residential
7,732
Single Family
2,512
Multi-Family
5,220
Businesses
1,658
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Nearby investment properties with comparable prices
Listed by: Maria Oman • Premier Real Estate Services
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6522968
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