8990 Scarlet Globe DrEden PrairieMN55347
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 Eden Prairie at 8990 Scarlet Globe Dr, Eden Prairie, MN, 55347 earns $759/mo cash flow from $2,564/mo rent with a $1,415/mo payment. Total monthly income totals $2,564/mo, and annual cash flow totals $9,106/yr on $95,804 capital. ROI tracks 29.41% on current figures, and rental yield reads 10.65% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 153.89% and total cumulative return in cash sums $147,434. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,564/mo property income instead of your personal income.
Townhouse
Built in 1996
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55347, Eden Prairie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,282 (100%) |
| Owner Occupied HU | 9,943 (81.0%) |
| Renter Occupied HU | 1,803 (14.7%) |
| Vacant Housing Units | 536 ( 4.4%) |
| Median Home Value | $577,096 |
| Average Home Value | $633,352 |
Housing Distribution
Address Breakdown
Residential
11,765
Single Family
11,233
Multi-Family
532
Businesses
153
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacqueline Nguyen-Shulstad • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6762093