5501 Village Dr APT 203EdinaMN55439
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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 Edina at 5501 Village Dr APT 203, Edina, MN, 55439 earns $111/mo cash flow from $2,915/mo rent with a $2,198/mo payment. Total monthly income totals $2,915/mo, and annual cash flow totals $1,330/yr on $148,844 capital. ROI tracks 20.8% on current figures, and rental yield reads 7.79% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 107.7% and total cumulative return in cash sums $160,312. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,915/mo property income instead of your personal income.
Condo
Built in 1984
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55439, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,692 (100%) |
| Owner Occupied HU | 3,055 (82.7%) |
| Renter Occupied HU | 445 (12.1%) |
| Vacant Housing Units | 192 ( 5.2%) |
| Median Home Value | $700,295 |
| Average Home Value | $793,759 |
Housing Distribution
Address Breakdown
Residential
3,702
Single Family
2,840
Multi-Family
862
Businesses
1,151
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