6705 Sally LnEdinaMN55439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6705 Sally Ln, Edina, MN, 55439 offers a 7.62% rental yield on a $988,000 purchase with $6,271/mo rent. Total monthly income registers $6,271/mo, and a $4,836/mo payment leaves $101/mo available for distribution. Annual cash flow reaches $1,214/yr on $325,052 to close, and return on cash invested stands at 20.43% in year one. Equity gained on principal adds $6,375/yr while 5% annual appreciation supports $272,966 over five years. Portfolio math shows five-year ROI at 105.7% and total cumulative return in cash at $343,588. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,271/mo property income against a $4,836/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.52 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices