12836 Nicollet Ave S #102BurnsvilleMN55337
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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 Burnsville at 12836 Nicollet Ave S #102, Burnsville, MN, 55337 uses $35,471 cash to close to unlock $1,747/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $814/mo, and a $524/mo payment keeps the spread at $146/mo. Purchase price stands at $107,000, and rental yield measures 9.13% with $814/mo rent. Return on cash invested shows 24.83% in year one, and 5% annual appreciation builds toward $29,562 over five years. Five-year ROI reaches 129.35% and total cumulative return in cash records $45,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $814/mo property income covering a $524/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55337, Burnsville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,950 (100%) |
| Owner Occupied HU | 11,772 (59.0%) |
| Renter Occupied HU | 7,561 (37.9%) |
| Vacant Housing Units | 617 ( 3.1%) |
| Median Home Value | $363,962 |
| Average Home Value | $401,677 |
Housing Distribution
Address Breakdown
Residential
19,290
Single Family
13,449
Multi-Family
5,841
Businesses
1,934
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Listed by: Anthony Macon • Keller Williams Realty Integrity Lakes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6771410