11020 France Ave SBloomingtonMN55431
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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 11020 France Ave S, Bloomington, MN, 55431 offers a 8.2% rental yield on a $365,000 purchase with $2,494/mo rent. Total monthly income registers $2,494/mo, and a $1,786/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,583/yr on $120,998 to close, and return on cash invested stands at 22.04% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 114.39% and total cumulative return in cash at $138,403. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,494/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55431, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,161 (100%) |
| Owner Occupied HU | 5,743 (62.7%) |
| Renter Occupied HU | 3,016 (32.9%) |
| Vacant Housing Units | 402 ( 4.4%) |
| Median Home Value | $371,100 |
| Average Home Value | $426,014 |
Housing Distribution
Address Breakdown
Residential
8,891
Single Family
6,180
Multi-Family
2,711
Businesses
704
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Listed by: Brandon T Lee • Lakes Sotheby's International Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6808764