7041 Kenmare DrBloomingtonMN55438
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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
Total monthly income runs $5,920/mo, and a $6,363/mo payment. Purchase price stands at $1,300,000, and rental yield measures 5.46% with $5,920/mo rent. Return on cash invested shows 14.11% in year one, and 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 71.7% and total cumulative return in cash records $302,019. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,920/mo property income covering a $6,363/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55438, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,810 (100%) |
| Owner Occupied HU | 5,444 (69.7%) |
| Renter Occupied HU | 1,909 (24.4%) |
| Vacant Housing Units | 457 ( 5.9%) |
| Median Home Value | $492,032 |
| Average Home Value | $545,876 |
Housing Distribution
Address Breakdown
Residential
7,806
Single Family
5,731
Multi-Family
2,075
Businesses
318
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Listed by: Christian Beltran • Keller Williams Realty Integrity Lakes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7009204