9767 Picket DrEden PrairieMN55347
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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 9767 Picket Dr, Eden Prairie, MN, 55347 uses $138,899 cash to close to unlock $8,800/yr annual cash flow and $733/mo monthly cash flow. Total monthly income runs $3,350/mo, and a $2,051/mo payment keeps the spread at $733/mo. Purchase price stands at $419,000, and rental yield measures 9.59% with $3,350/mo rent. Return on cash invested shows 26.24% in year one, and 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 136.9% and total cumulative return in cash records $190,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,350/mo property income covering a $2,051/mo payment rather than investor’s personal income.
Townhouse
Built in 2006
3,049 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
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Listed by: Paul Bothof • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6819877