Spruce Plan, The Hills at Johnson RidgeEden 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 Spruce Plan, The Hills at Johnson Ridge, Eden Prairie, MN, 55347 priced at $1,379,900 pairs $6,139/mo rent with after a $6,754/mo payment. Total monthly income equals $6,139/mo. Return on cash invested is 13.72% in year one, and rental yield stands at 5.34% on a $1,379,900 basis. Equity gained on principal adds $8,904/yr, and 5% annual appreciation accumulates to $381,241 by year five. Five-year ROI measures 69.63% and total cumulative return in cash reaches $311,313. For financing, Ziffy Mortgage’s DSCR program evaluates $6,139/mo property income against a $6,754/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A 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: N/A • McDonald Construction Partners
Mls Name: McDonald Construction Partners
Mls Provider:
Mls ID: #N/A