5500 Pompano Dr #A301MinnetonkaMN55343
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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 5500 Pompano Dr #A301, Minnetonka, MN, 55343 generates $1,572/mo in rent, after a $1,101/mo payment. Total monthly income is $1,572/mo. Return on cash invested sits at 14.09% in year one, and rental yield is 8.39% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 74.83% and total cumulative return in cash sums $55,789. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,572/mo property income rather than buyer’s personal income.
Condo
Built in 1983
0.91 Acres lot
$N/A/sqft
$529 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Olena Gaida • Bridge Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6657812
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