9335 Eagle Ridge RdChanhassenMN55317
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 Chanhassen at 9335 Eagle Ridge Rd, Chanhassen, MN, 55317 listed at $1,565,000 pairs $6,616/mo rent with a $7,660/mo payment. Total monthly income runs $6,616/mo. Return on cash invested measures 12.9% in year one, and rental yield registers 5.07% at a $1,565,000 basis. Equity gained on principal adds $10,099/yr, and annual property appreciation at 5% supports $432,381 by year five. Five-year ROI tracks 65.23% and total cumulative return in cash totals $330,763. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,616/mo property income relative to a $7,660/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55317, Chanhassen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,594 (100%) |
| Owner Occupied HU | 6,898 (80.3%) |
| Renter Occupied HU | 1,476 (17.2%) |
| Vacant Housing Units | 220 ( 2.6%) |
| Median Home Value | $582,064 |
| Average Home Value | $660,906 |
Housing Distribution
Address Breakdown
Residential
8,864
Single Family
8,032
Multi-Family
832
Businesses
723
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Listed by: Sharla K Stafford • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6713532