10825 Morris Ave SBloomingtonMN55437
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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 10825 Morris Ave S, Bloomington, MN, 55437 offers a 7.11% rental yield on a $320,000 purchase with $1,895/mo rent. 74% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 96.65% and total cumulative return in cash at $102,531. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,895/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.27 Acres 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Deborah L. Stratton • Re/Max Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6812736