5420 Three Points Blvd APT 232MoundMN55364
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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 5420 Three Points Blvd APT 232, Mound, MN, 55364 uses $102,765 cash to close to unlock $1,674/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $2,075/mo, and a $1,517/mo payment keeps the spread at $140/mo. Purchase price stands at $310,000, and rental yield measures 8.03% with $2,075/mo rent. Return on cash invested shows 21.54% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 111.68% and total cumulative return in cash records $114,763. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,075/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Condo
Built in 1965
8.02 Acres 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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