4100 Spring St APT 303Spring ParkMN55384
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeCapital preservation and steady income define 4100 Spring St APT 303, Spring Park, MN, 55384 in Spring Park. Rental yield 8.03%. The 1.49 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $161,625 and $5,388/yr in principal reduction project total return of $186,939.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $(603) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,917 |
| Total Monthly Debt Service | $4,287 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2005
0.55 Acres lot
$N/A/sqft
$867 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55384, Spring Park, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,125 (100%) |
| Owner Occupied HU | 235 (20.9%) |
| Renter Occupied HU | 775 (68.9%) |
| Vacant Housing Units | 115 (10.2%) |
| Median Home Value | $775,943 |
| Average Home Value | $873,330 |
Housing Distribution
Address Breakdown
Residential
1,118
Single Family
296
Multi-Family
822
Businesses
118
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
Condo
Built in 2005
0.55 Acres lot
$N/A/sqft
$867 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55384, Spring Park, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,125 (100%) |
| Owner Occupied HU | 235 (20.9%) |
| Renter Occupied HU | 775 (68.9%) |
| Vacant Housing Units | 115 (10.2%) |
| Median Home Value | $775,943 |
| Average Home Value | $873,330 |
Housing Distribution
Address Breakdown
Residential
1,118
Single Family
296
Multi-Family
822
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Stabeck • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6692139
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