6353 Rolf AveEdinaMN55439
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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
Rental property for sale in Edina at 6353 Rolf Ave, Edina, MN, 55439 generates $3,562/mo in rent, after a $3,328/mo payment. Total monthly income is $3,562/mo. Return on cash invested sits at 16.39% in year one, and rental yield is 6.29% on a $680,000 entry. Equity gained on principal adds $4,388/yr, while 5% annual appreciation builds toward $187,871 over five years. Five-year ROI reaches 84.01% and total cumulative return in cash sums $187,944. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,562/mo property income rather than buyer’s personal income.
Single Family
Built in 1937
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55439, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,692 (100%) |
| Owner Occupied HU | 3,055 (82.7%) |
| Renter Occupied HU | 445 (12.1%) |
| Vacant Housing Units | 192 ( 5.2%) |
| Median Home Value | $700,295 |
| Average Home Value | $793,759 |
Housing Distribution
Address Breakdown
Residential
3,702
Single Family
2,840
Multi-Family
862
Businesses
1,151
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