413 E 153rd StBurnsvilleMN55306
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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 413 E 153rd St, Burnsville, MN, 55306 uses $119,307 cash to close to unlock $7,778/yr annual cash flow and $648/mo monthly cash flow. Total monthly income runs $2,896/mo, and a $1,762/mo payment keeps the spread at $648/mo. Purchase price stands at $359,900, and rental yield measures 9.66% with $2,896/mo rent. Return on cash invested shows 26.43% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 137.9% and total cumulative return in cash records $164,522. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,896/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55306, Burnsville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,247 (100%) |
| Owner Occupied HU | 4,229 (58.4%) |
| Renter Occupied HU | 2,727 (37.6%) |
| Vacant Housing Units | 291 ( 4.0%) |
| Median Home Value | $434,446 |
| Average Home Value | $456,751 |
Housing Distribution
Address Breakdown
Residential
7,481
Single Family
4,308
Multi-Family
3,173
Businesses
383
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Listed by: Jonathan Liu • JL Elite Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6819608