6301 Saint Johns AveEdinaMN55424
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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 6301 Saint Johns Ave, Edina, MN, 55424 earns $1,139/mo cash flow from $6,446/mo rent with a $4,160/mo payment. Total monthly income totals $6,446/mo, and annual cash flow totals $13,662/yr on $279,650 capital. ROI tracks 24.95% on current figures, and rental yield reads 9.1% at a $849,999 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 129.89% and total cumulative return in cash sums $363,249. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,446/mo property income instead of your personal income.
Single Family
Built in 1960
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55424, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,106 (100%) |
| Owner Occupied HU | 3,196 (77.8%) |
| Renter Occupied HU | 534 (13.0%) |
| Vacant Housing Units | 376 ( 9.2%) |
| Median Home Value | $930,984 |
| Average Home Value | $1,087,441 |
Housing Distribution
Address Breakdown
Residential
3,651
Single Family
3,294
Multi-Family
357
Businesses
314
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