1311 W 82nd St APT ABloomingtonMN55420
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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
Investment Highlights
Investment property for sale in Bloomington at 1311 W 82nd St APT A, Bloomington, MN, 55420 earns from $926/mo rent with a $597/mo payment. Total monthly income totals $926/mo. ROI tracks 9.83% on current figures, and rental yield reads 9.12% at a $121,900 purchase. Equity gained on principal adds $787/yr, and 5% annual appreciation supports $33,679 over five years. Five-year ROI reaches 54.35% and total cumulative return in cash sums $21,964. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $926/mo property income instead of your personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
$504 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55420, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,697 (100%) |
| Owner Occupied HU | 5,853 (60.4%) |
| Renter Occupied HU | 3,495 (36.0%) |
| Vacant Housing Units | 349 ( 3.6%) |
| Median Home Value | $335,224 |
| Average Home Value | $366,745 |
Housing Distribution
Address Breakdown
Residential
9,524
Single Family
6,310
Multi-Family
3,214
Businesses
1,000
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Listed by: Phil Littlefield • Northstar Real Estate Associates
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6706541
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