5705 Abbott Ave SEdinaMN55410
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
Investment Highlights
Rental property for sale in Edina at 5705 Abbott Ave S, Edina, MN, 55410 priced at $1,849,900 pairs $8,501/mo rent with after a $9,054/mo payment. Total monthly income equals $8,501/mo. Return on cash invested is 14.26% in year one, and rental yield stands at 5.51% on a $1,849,900 basis. Equity gained on principal adds $11,937/yr, and 5% annual appreciation accumulates to $511,093 by year five. Five-year ROI measures 72.54% and total cumulative return in cash reaches $434,766. For financing, Ziffy Mortgage’s DSCR program evaluates $8,501/mo property income against a $9,054/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55410, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,967 (100%) |
| Owner Occupied HU | 6,507 (72.6%) |
| Renter Occupied HU | 2,035 (22.7%) |
| Vacant Housing Units | 425 ( 4.7%) |
| Median Home Value | $648,685 |
| Average Home Value | $731,009 |
Housing Distribution
Address Breakdown
Residential
8,869
Single Family
7,605
Multi-Family
1,264
Businesses
275
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Listed by: The Monson And Larson Group • RE/MAX Results
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6553927
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