5601 Smetana Dr Unit 418MinnetonkaMN55343
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowAt 1.89, 5601 Smetana Dr Unit 418, Minnetonka, MN, 55343 in Minnetonka sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 10.21%. The 10.21% yield is backed by 5% annual appreciation projecting $55,229 in value gain, plus $1,841/yr in principal reduction. Total projected cumulative return: $104,954.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.5% |
| Monthly Cash Flow | $(24) | $350 |
City averages based on Minnetonka market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,700 |
| Total Monthly Debt Service | $1,169 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
8.09 Acres lot
$N/A/sqft
No HOA
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
Condo
Built in 1986
8.09 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7031226