4709 W 111th StBloomingtonMN55437
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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 Bloomington at 4709 W 111th St, Bloomington, MN, 55437 offers a 8.32% rental yield on a $400,000 purchase with $2,773/mo rent. Total monthly income registers $2,773/mo, and a $1,958/mo payment leaves $275/mo available for distribution. Annual cash flow reaches $3,300/yr on $132,600 to close, and return on cash invested stands at 22.4% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 116.25% and total cumulative return in cash at $154,144. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,773/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55437, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,672 (100%) |
| Owner Occupied HU | 5,613 (64.7%) |
| Renter Occupied HU | 2,788 (32.1%) |
| Vacant Housing Units | 271 ( 3.1%) |
| Median Home Value | $421,902 |
| Average Home Value | $461,166 |
Housing Distribution
Address Breakdown
Residential
9,087
Single Family
5,577
Multi-Family
3,510
Businesses
302
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Listed by: Chad E Pederson • Pederson Realty Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6749932