3200 Manor DrGolden ValleyMN55422
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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 Golden Valley at 3200 Manor Dr, Golden Valley, MN, 55422 uses $165,750 cash to close to unlock $5,688/yr annual cash flow and $474/mo monthly cash flow. Total monthly income runs $3,596/mo, and a $2,447/mo payment keeps the spread at $474/mo. Purchase price stands at $500,000, and rental yield measures 8.63% with $3,596/mo rent. Return on cash invested shows 23.34% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 121.3% and total cumulative return in cash records $201,056. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,596/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1947
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55422, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,090 (100%) |
| Owner Occupied HU | 8,674 (66.3%) |
| Renter Occupied HU | 3,919 (29.9%) |
| Vacant Housing Units | 497 ( 3.8%) |
| Median Home Value | $367,824 |
| Average Home Value | $441,543 |
Housing Distribution
Address Breakdown
Residential
12,826
Single Family
9,956
Multi-Family
2,870
Businesses
656
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Listed by: Marcy L Libby • Coldwell Banker Realty - Lakes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7000755