4387 Wilshire Blvd #111MoundMN55364
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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 Mound at 4387 Wilshire Blvd #111, Mound, MN, 55364 offers a 9.02% rental yield on a $122,500 purchase with $921/mo rent. Total monthly income registers $921/mo, and a $600/mo payment leaves $156/mo available for distribution. Annual cash flow reaches $1,868/yr on $40,609 to close, and return on cash invested stands at 24.51% in year one. Equity gained on principal adds $790/yr while 5% annual appreciation supports $33,844 over five years. Portfolio math shows five-year ROI at 127.63% and total cumulative return in cash at $51,828. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $921/mo property income against a $600/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55364, Mound, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,556 (100%) |
| Owner Occupied HU | 4,995 (76.2%) |
| Renter Occupied HU | 1,058 (16.1%) |
| Vacant Housing Units | 503 ( 7.7%) |
| Median Home Value | $619,218 |
| Average Home Value | $742,224 |
Housing Distribution
Address Breakdown
Residential
6,664
Single Family
5,915
Multi-Family
749
Businesses
270
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