5324 Spring LnMinnetonkaMN55345
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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 5324 Spring Ln, Minnetonka, MN, 55345 priced at $804,800 pairs $4,552/mo rent with after a $3,939/mo payment. Total monthly income equals $4,552/mo. Return on cash invested is 17.91% in year one, and rental yield stands at 6.79% on a $804,800 basis. Equity gained on principal adds $5,193/yr, and 5% annual appreciation accumulates to $222,351 by year five. Five-year ROI measures 92.19% and total cumulative return in cash reaches $244,095. For financing, Ziffy Mortgage’s DSCR program evaluates $4,552/mo property income against a $3,939/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
0.51 Acres 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A