9649 Belmont LnEden 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
Rental property for sale in Eden Prairie at 9649 Belmont Ln, Eden Prairie, MN, 55347 generates $2,540/mo in rent and, after a $1,468/mo payment, leaves $196/mo in cash flow. Total monthly income is $2,540/mo, and annual cash flow is $2,352/yr on $99,450 invested. Return on cash invested sits at 22.27% in year one, and rental yield is 10.16% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 117.65% and total cumulative return in cash sums $117,000. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,540/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
0.29 Acres lot
$N/A/sqft
$471 monthly 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
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Nearby investment properties with comparable prices
Listed by: Debra K Cooper • Century 21 Premier Group
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6613548
Disclaimer: Based on information submitted to the MLS GRID as of 2024-10-14 16:26:33 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_28) By searching Northstar MLS listings you agree to the [Northstar MLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)