19 Mission LnBloomingtonMN55420
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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
Rental property for sale in Bloomington at 19 Mission Ln, Bloomington, MN, 55420 offers $3,298/mo rent that, after a $2,447/mo payment, leaves $176/mo cash flow. Total monthly income is $3,298/mo, and annual cash flow is $2,114/yr on $165,717 cash. Return on cash invested measures 21.18% in year one, and rental yield stands at 7.92% at a $499,900 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,113 by year five. Five-year ROI records 109.78% and total cumulative return in cash reaches $181,920. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,298/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.71 Acres lot
$N/A/sqft
No 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: Cristy Elizabeth Oldman • HOMESTEAD ROAD
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7003293