4757 Spring CirMinnetonkaMN55345
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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
Rental property for sale in Minnetonka at 4757 Spring Cir, Minnetonka, MN, 55345 generates $1,923/mo in rent and, after a $1,383/mo payment, leaves $159/mo in cash flow. Total monthly income is $1,923/mo, and annual cash flow is $1,903/yr on $93,649 invested. Return on cash invested sits at 21.94% in year one, and rental yield is 8.17% on a $282,500 entry. Equity gained on principal adds $1,823/yr, while 5% annual appreciation builds toward $78,050 over five years. Five-year ROI reaches 113.83% and total cumulative return in cash sums $106,598. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,923/mo property income rather than buyer’s personal income.
Townhouse
Built in 1978
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55345, Minnetonka, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,939 (100%) |
| Owner Occupied HU | 7,013 (78.5%) |
| Renter Occupied HU | 1,582 (17.7%) |
| Vacant Housing Units | 344 ( 3.8%) |
| Median Home Value | $526,201 |
| Average Home Value | $601,084 |
Housing Distribution
Address Breakdown
Residential
9,020
Single Family
7,877
Multi-Family
1,143
Businesses
557
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Listed by: Kyle White • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7001211