7024 135th St WApple ValleyMN55124
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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 Apple Valley at 7024 135th St W, Apple Valley, MN, 55124 uses $165,717 cash to close to unlock $5,018/yr annual cash flow and $418/mo monthly cash flow. Total monthly income runs $3,540/mo, and a $2,447/mo payment keeps the spread at $418/mo. Purchase price stands at $499,900, and rental yield measures 8.5% with $3,540/mo rent. Return on cash invested shows 22.94% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 119.17% and total cumulative return in cash records $197,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,540/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55124, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,596 (100%) |
| Owner Occupied HU | 16,067 (71.1%) |
| Renter Occupied HU | 5,796 (25.7%) |
| Vacant Housing Units | 733 ( 3.2%) |
| Median Home Value | $419,093 |
| Average Home Value | $444,563 |
Housing Distribution
Address Breakdown
Residential
22,876
Single Family
18,139
Multi-Family
4,737
Businesses
1,102
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Listed by: Rochelle M Johnson-Brown • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6826052