6066 Blake Ridge RdEdinaMN55436
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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
Investment property for sale in Edina at 6066 Blake Ridge Rd, Edina, MN, 55436 offers a 10.44% rental yield on a $459,900 purchase with $4,003/mo rent. Total monthly income registers $4,003/mo, and a $2,251/mo payment leaves $1,131/mo available for distribution. Annual cash flow reaches $13,574/yr on $152,457 to close, and return on cash invested stands at 28.81% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,062 over five years. Portfolio math shows five-year ROI at 150.68% and total cumulative return in cash at $229,722. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,003/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1974
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55436, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,505 (100%) |
| Owner Occupied HU | 4,496 (69.1%) |
| Renter Occupied HU | 1,513 (23.3%) |
| Vacant Housing Units | 496 ( 7.6%) |
| Median Home Value | $657,434 |
| Average Home Value | $747,332 |
Housing Distribution
Address Breakdown
Residential
6,457
Single Family
4,211
Multi-Family
2,246
Businesses
186
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