5469 Hyland Courts DrBloomingtonMN55437
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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 Bloomington at 5469 Hyland Courts Dr, Bloomington, MN, 55437 uses $87,019 cash to close to unlock $3,067/yr annual cash flow and $256/mo monthly cash flow. Total monthly income runs $1,895/mo, and a $1,285/mo payment keeps the spread at $256/mo. Purchase price stands at $262,500, and rental yield measures 8.66% with $1,895/mo rent. Return on cash invested shows 23.43% in year one, and 5% annual appreciation builds toward $72,524 over five years. Five-year ROI reaches 121.83% and total cumulative return in cash records $106,018. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,895/mo property income covering a $1,285/mo payment rather than investor’s personal income.
Townhouse
Built in 1973
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55437, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,672 (100%) |
| Owner Occupied HU | 5,613 (64.7%) |
| Renter Occupied HU | 2,788 (32.1%) |
| Vacant Housing Units | 271 ( 3.1%) |
| Median Home Value | $421,902 |
| Average Home Value | $461,166 |
Housing Distribution
Address Breakdown
Residential
9,087
Single Family
5,577
Multi-Family
3,510
Businesses
302
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Listed by: Rebecca A Scadden • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6801315