29 E 129th StBurnsvilleMN55337
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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 Burnsville at 29 E 129th St, Burnsville, MN, 55337 listed at $380,000 pairs $2,957/mo rent with a $1,860/mo payment to leave $584/mo cash flow. Total monthly income runs $2,957/mo, and annual cash flow reaches $7,008/yr on $125,970 cash to close. Return on cash invested measures 25.47% in year one, and rental yield registers 9.34% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 132.73% and total cumulative return in cash totals $167,197. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,957/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55337, Burnsville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,950 (100%) |
| Owner Occupied HU | 11,772 (59.0%) |
| Renter Occupied HU | 7,561 (37.9%) |
| Vacant Housing Units | 617 ( 3.1%) |
| Median Home Value | $363,962 |
| Average Home Value | $401,677 |
Housing Distribution
Address Breakdown
Residential
19,290
Single Family
13,449
Multi-Family
5,841
Businesses
1,934
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Listed by: Mike Louricas • Total Service Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6821913