5697 Green Circle Dr APT 320MinnetonkaMN55343
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Minnetonka rentals match the income profile of 5697 Green Circle Dr APT 320, Minnetonka, MN, 55343. Listed at $138,000, gross rent is $1,728/mo and net cash flow is $866/mo, a 15.03% yield well above national averages. DSCR 2.78 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $38,127 by year five with $1,271/yr in annual principal reduction, projecting $108,088 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15% | 6.5% |
| Monthly Cash Flow | $866 | $350 |
City averages based on Minnetonka market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,728 |
| Total Monthly Debt Service | $807 |
| DSCR Ratio | 2.14x |
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 1983
N/A 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 1983
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristi D Weinstock • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6767913