708 Old Settlers Trl APT 1HopkinsMN55343
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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 Hopkins at 708 Old Settlers Trl APT 1, Hopkins, MN, 55343 uses $48,068 cash to close to unlock $4,432/yr annual cash flow and $369/mo monthly cash flow. Total monthly income runs $1,711/mo, and a $710/mo payment keeps the spread at $369/mo. Purchase price stands at $145,000, and rental yield measures 14.16% with $1,711/mo rent. Return on cash invested shows 29.13% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 156.37% and total cumulative return in cash records $75,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,711/mo property income covering a $710/mo payment rather than investor’s personal income.
Condo
Built in 1970
34.20 Acres lot
$N/A/sqft
$400 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Katey Bean & Company • Keller Williams Realty Integrity Lakes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6798831
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