18649 Clear View Ct #0MinnetonkaMN55345
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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 Minnetonka at 18649 Clear View Ct #0, Minnetonka, MN, 55345 uses $82,842 cash to close to unlock $1,940/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $1,722/mo, and a $1,223/mo payment keeps the spread at $162/mo. Purchase price stands at $249,900, and rental yield measures 8.27% with $1,722/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 115.48% and total cumulative return in cash records $95,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,722/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55345, Minnetonka, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,939 (100%) |
| Owner Occupied HU | 7,013 (78.5%) |
| Renter Occupied HU | 1,582 (17.7%) |
| Vacant Housing Units | 344 ( 3.8%) |
| Median Home Value | $526,201 |
| Average Home Value | $601,084 |
Housing Distribution
Address Breakdown
Residential
9,020
Single Family
7,877
Multi-Family
1,143
Businesses
557
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Listed by: Sam Steadman, CDPE • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6793446