5450 Three Points Blvd APT 621MoundMN55364
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
Investment property for sale in Mound at 5450 Three Points Blvd APT 621, Mound, MN, 55364 earns from $2,545/mo rent with a $1,957/mo payment. Total monthly income totals $2,545/mo. ROI tracks 12.69% on current figures, and rental yield reads 7.64% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 66.98% and total cumulative return in cash sums $88,796. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,545/mo property income instead of your personal income.
Condo
Built in 1965
8.02 Acres lot
$N/A/sqft
$846 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kris Lindahl • Kris Lindahl Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6701127
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