5870 Blackberry Bridge PathInver Grove HeightsMN55076
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
Investment property for sale in Inver Grove Heights at 5870 Blackberry Bridge Path, Inver Grove Heights, MN, 55076 listed at $550,000 pairs $2,100/mo rent with a $2,692/mo payment. Total monthly income runs $2,100/mo. Return on cash invested measures 11.21% in year one, and rental yield registers 4.58% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 56.25% and total cumulative return in cash totals $101,782. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,100/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55076, Inver Grove Heights, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,394 (100%) |
| Owner Occupied HU | 7,073 (75.3%) |
| Renter Occupied HU | 2,090 (22.2%) |
| Vacant Housing Units | 231 ( 2.5%) |
| Median Home Value | $377,655 |
| Average Home Value | $408,391 |
Housing Distribution
Address Breakdown
Residential
9,409
Single Family
8,032
Multi-Family
1,377
Businesses
409
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Listed by: Janice M Robinson • Keller Williams Select Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6772104