5601 Smetana Dr UNIT 518MinnetonkaMN55343
Nearby investment properties with comparable rents
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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 5601 Smetana Dr UNIT 518, Minnetonka, MN, 55343 generates $1,888/mo in rent, after a $1,093/mo payment. Total monthly income is $1,888/mo. Return on cash invested sits at 19.87% in year one, and rental yield is 10.14% on a $223,400 entry. Equity gained on principal adds $1,442/yr, while 5% annual appreciation builds toward $61,721 over five years. Five-year ROI reaches 105.63% and total cumulative return in cash sums $78,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,888/mo property income rather than buyer’s personal income.
Condo
Built in 1986
8.09 Acres lot
$N/A/sqft
$452 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Andrey I Bulyma • EdgeLine Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6727000
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