10306 Berkshire RdBloomingtonMN55437
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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 Bloomington at 10306 Berkshire Rd, Bloomington, MN, 55437 offers a 11.97% rental yield on a $294,900 purchase with $2,941/mo rent. Total monthly income registers $2,941/mo, and a $1,443/mo payment leaves $1,100/mo available for distribution. Annual cash flow reaches $13,199/yr on $97,759 to close, and return on cash invested stands at 33.41% in year one. Equity gained on principal adds $1,903/yr while 5% annual appreciation supports $81,475 over five years. Portfolio math shows five-year ROI at 175.31% and total cumulative return in cash at $171,379. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,941/mo property income against a $1,443/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1975
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55437, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,672 (100%) |
| Owner Occupied HU | 5,613 (64.7%) |
| Renter Occupied HU | 2,788 (32.1%) |
| Vacant Housing Units | 271 ( 3.1%) |
| Median Home Value | $421,902 |
| Average Home Value | $461,166 |
Housing Distribution
Address Breakdown
Residential
9,087
Single Family
5,577
Multi-Family
3,510
Businesses
302
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Listed by: Kerby & Cristina Real Estate Experts • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6767054