5405 Highwood Dr WEdinaMN55436
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Edina at 5405 Highwood Dr W, Edina, MN, 55436 generates $6,139/mo in rent, after a $4,890/mo payment. Total monthly income is $6,139/mo. Return on cash invested sits at 19.7% in year one, and rental yield is 7.37% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 101.74% and total cumulative return in cash sums $334,406. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,139/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55436, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,505 (100%) |
| Owner Occupied HU | 4,496 (69.1%) |
| Renter Occupied HU | 1,513 (23.3%) |
| Vacant Housing Units | 496 ( 7.6%) |
| Median Home Value | $657,434 |
| Average Home Value | $747,332 |
Housing Distribution
Address Breakdown
Residential
6,457
Single Family
4,211
Multi-Family
2,246
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Ganje + Partners • Lakes Sotheby's International Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6707505
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