2511 W 112th StBloomingtonMN55431
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2511 W 112th St, Bloomington, MN, 55431 in Bloomington: $6,852/mo in rent, $670/mo in net income, 8.31% gross yield, 1.54 DSCR, all at $990,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $273,519 in appreciation and $9,118/yr in principal paydown projects total cumulative return of $418,738.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 5.2% |
| Monthly Cash Flow | $670 | $450 |
City averages based on Bloomington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,852 |
| Total Monthly Debt Service | $5,788 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1985
1.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55431, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,161 (100%) |
| Owner Occupied HU | 5,743 (62.7%) |
| Renter Occupied HU | 3,016 (32.9%) |
| Vacant Housing Units | 402 ( 4.4%) |
| Median Home Value | $371,100 |
| Average Home Value | $426,014 |
Housing Distribution
Address Breakdown
Residential
8,891
Single Family
6,180
Multi-Family
2,711
Businesses
704
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
Single Family
Built in 1985
1.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55431, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,161 (100%) |
| Owner Occupied HU | 5,743 (62.7%) |
| Renter Occupied HU | 3,016 (32.9%) |
| Vacant Housing Units | 402 ( 4.4%) |
| Median Home Value | $371,100 |
| Average Home Value | $426,014 |
Housing Distribution
Address Breakdown
Residential
8,891
Single Family
6,180
Multi-Family
2,711
Businesses
704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler R Hare • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6752173