1435 Ford RdMinnetonkaMN55305
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
Investment Highlights
Investment property for sale in Minnetonka at 1435 Ford Rd, Minnetonka, MN, 55305 listed at $409,500 pairs $3,234/mo rent with a $2,004/mo payment to leave $677/mo cash flow. Total monthly income runs $3,234/mo, and annual cash flow reaches $8,126/yr on $135,749 cash to close. Return on cash invested measures 25.9% in year one, and rental yield registers 9.48% at a $409,500 basis. Equity gained on principal adds $2,642/yr, and annual property appreciation at 5% supports $113,137 by year five. Five-year ROI tracks 135.04% and total cumulative return in cash totals $183,310. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,234/mo property income relative to a $2,004/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55305, Hopkins, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,972 (100%) |
| Owner Occupied HU | 5,501 (50.1%) |
| Renter Occupied HU | 4,882 (44.5%) |
| Vacant Housing Units | 589 ( 5.4%) |
| Median Home Value | $498,101 |
| Average Home Value | $575,970 |
Housing Distribution
Address Breakdown
Residential
11,058
Single Family
5,334
Multi-Family
5,724
Businesses
798
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve Koleno • Beycome Brokerage Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6784952