11601 Eldorado St NWCoon RapidsMN55433
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 11601 Eldorado St NW, Coon Rapids, MN, 55433 in Coon Rapids, $365,000, 7.89% gross yield, $120/mo net income. Consider it a market-entry position, the $2,399/mo rent covers the $1,641/mo payment with a margin, and 5%/yr appreciation is projected to add $100,843 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.46) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $146,256.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 4.2% |
| Monthly Cash Flow | $120 | $1,200 |
City averages based on Coon Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,399 |
| Total Monthly Debt Service | $2,134 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1969
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55433, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,906 (100%) |
| Owner Occupied HU | 9,704 (65.1%) |
| Renter Occupied HU | 4,830 (32.4%) |
| Vacant Housing Units | 372 ( 2.5%) |
| Median Home Value | $330,802 |
| Average Home Value | $345,487 |
Housing Distribution
Address Breakdown
Residential
14,605
Single Family
10,865
Multi-Family
3,740
Businesses
648
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1969
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55433, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,906 (100%) |
| Owner Occupied HU | 9,704 (65.1%) |
| Renter Occupied HU | 4,830 (32.4%) |
| Vacant Housing Units | 372 ( 2.5%) |
| Median Home Value | $330,802 |
| Average Home Value | $345,487 |
Housing Distribution
Address Breakdown
Residential
14,605
Single Family
10,865
Multi-Family
3,740
Businesses
648
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7035714