7460 Unity Dr SWKensingtonMN56343
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 Kensington at 7460 Unity Dr SW, Kensington, MN, 56343 offers a 8.43% rental yield on a $399,900 purchase with $2,810/mo rent. Total monthly income registers $2,810/mo, and a $1,957/mo payment leaves $313/mo available for distribution. Annual cash flow reaches $3,758/yr on $132,567 to close, and return on cash invested stands at 22.74% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 118.14% and total cumulative return in cash at $156,608. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,810/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56343, Kensington, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 492 (100%) |
| Owner Occupied HU | 339 (68.9%) |
| Renter Occupied HU | 42 ( 8.5%) |
| Vacant Housing Units | 111 (22.6%) |
| Median Home Value | $345,513 |
| Average Home Value | $380,501 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
307
Multi-Family
0
Businesses
32
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Listed by: Heidi Schroeder • Counselor Realty Inc of Alex
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6754949