1531 American Blvd E APT 101BloomingtonMN55425
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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 1531 American Blvd E APT 101, Bloomington, MN, 55425 listed at $108,000 pairs $840/mo rent with a $529/mo payment to leave $165/mo cash flow. Total monthly income runs $840/mo, and annual cash flow reaches $1,982/yr on $35,802 cash to close. Return on cash invested measures 25.45% in year one, and rental yield registers 9.33% at a $108,000 basis. Equity gained on principal adds $697/yr, and annual property appreciation at 5% supports $29,838 by year five. Five-year ROI tracks 132.72% and total cumulative return in cash totals $47,516. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $840/mo property income relative to a $529/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1964
2.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55425, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,315 (100%) |
| Owner Occupied HU | 1,770 (33.3%) |
| Renter Occupied HU | 3,072 (57.8%) |
| Vacant Housing Units | 473 ( 8.9%) |
| Median Home Value | $364,908 |
| Average Home Value | $452,684 |
Housing Distribution
Address Breakdown
Residential
5,240
Single Family
1,941
Multi-Family
3,299
Businesses
881
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Listed by: Ian Haug • Pemberton RE
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6810137