Condo Investment Properties in Edina, 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 Edina, MN

Why Invest in Edina, Minnesota?

Investing in Edina, MN condos offers a unique opportunity to tap into a stable housing market with solid rental yields. The average ROI for condos here is around 5-6%, backed by an average cap rate near 4%. Renter occupancy remains strong at approximately 70%, reflecting steady demand. Average cash flow for condo investors is positive, supported by rising rents currently averaging $1,300 per month. Combined with a moderate annual appreciation rate of about 3%, Edina condos provide a balanced investment profile.

5.5%
Avg. ROI
6%
Rental Yield
4%
Cap Rate
$250/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield for condos in Edina is approximately 6%, making it an attractive option for investors seeking income.

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