6328 Peacedale 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 6328 Peacedale Ave, Edina, MN, 55424 offers a 3.77% rental yield on a $675,000 purchase with $2,119/mo rent. 73% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 42.95% and total cumulative return in cash at $95,379. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,119/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1962
0.31 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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