6101 W 94th StBloomingtonMN55438
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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 Bloomington at 6101 W 94th St, Bloomington, MN, 55438 uses $147,518 cash to close to unlock $2,703/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $3,004/mo, and a $2,178/mo payment keeps the spread at $225/mo. Purchase price stands at $445,000, and rental yield measures 8.1% with $3,004/mo rent. Return on cash invested shows 21.74% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 112.76% and total cumulative return in cash records $166,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,004/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55438, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,810 (100%) |
| Owner Occupied HU | 5,444 (69.7%) |
| Renter Occupied HU | 1,909 (24.4%) |
| Vacant Housing Units | 457 ( 5.9%) |
| Median Home Value | $492,032 |
| Average Home Value | $545,876 |
Housing Distribution
Address Breakdown
Residential
7,806
Single Family
5,731
Multi-Family
2,075
Businesses
318
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Listed by: Stefan Petrashek • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6785359