101 Willoughby Way EMinnetonkaMN55305
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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
Rental property for sale in Minnetonka at 101 Willoughby Way E, Minnetonka, MN, 55305 priced at $824,900 pairs $3,644/mo rent with after a $4,037/mo payment. Total monthly income equals $3,644/mo. Return on cash invested is 13.4% in year one, and rental yield stands at 5.3% on a $824,900 basis. Equity gained on principal adds $5,323/yr, and 5% annual appreciation accumulates to $227,905 by year five. Five-year ROI measures 67.98% and total cumulative return in cash reaches $184,489. For financing, Ziffy Mortgage’s DSCR program evaluates $3,644/mo property income against a $4,037/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2001
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55305, Hopkins, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,972 (100%) |
| Owner Occupied HU | 5,501 (50.1%) |
| Renter Occupied HU | 4,882 (44.5%) |
| Vacant Housing Units | 589 ( 5.4%) |
| Median Home Value | $498,101 |
| Average Home Value | $575,970 |
Housing Distribution
Address Breakdown
Residential
11,058
Single Family
5,334
Multi-Family
5,724
Businesses
798
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Listed by: Carolyn H Olson • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7009054