5601 Smetana Dr Unit 213, Minnetonka, MN, 55343 | $17/mo Cash Flow

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Minnetonka at 5601 Smetana Dr Unit 213, Minnetonka, MN, 55343 uses $116,025 cash to close to unlock $198/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $2,202/mo, and a $1,713/mo payment keeps the spread at $17/mo. Purchase price stands at $350,000, and rental yield measures 7.55% with $2,202/mo rent. Return on cash invested shows 20.08% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 103.84% and total cumulative return in cash records $120,482. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,202/mo property income covering a $1,713/mo payment rather than investor’s personal income.

Condo

Built in 1986

8.09 Acres lot

$N/A/sqft

No HOA