Condo Investment Properties in Bloomington, MN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Bloomington, MN

Why Invest in Bloomington, Minnesota?

Bloomington, MN offers strong opportunities for condo investors seeking steady rental income in a competitive market. With proximity to the Twin Cities and robust employment, condos here deliver reliable cash flow. Average rents around $1,600 support a solid 5.5% rental yield, while cap rates hover at 4.8%. Annual appreciation of 3% and 45% renter occupancy make it appealing for long-term holds. Low vacancy and growing demand from commuters enhance investment stability.

7.2%
Avg. ROI
5.5%
Rental Yield
4.8%
Cap Rate
$850/mo
Avg. Cash Flow
$1634/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Condos offer strong rental yields around 5.5% due to high renter occupancy and proximity to jobs. Steady appreciation of 3% and low vacancy make them reliable. Demand from commuters and tourists enhances cash flow potential.

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