7510 Cahill Rd APT 214BEdinaMN55439
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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 Edina at 7510 Cahill Rd APT 214B, Edina, MN, 55439 uses $59,637 cash to close to unlock $3,134/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $1,385/mo, and a $881/mo payment keeps the spread at $261/mo. Purchase price stands at $179,900, and rental yield measures 9.24% with $1,385/mo rent. Return on cash invested shows 25.16% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 131.17% and total cumulative return in cash records $78,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,385/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1972
12.63 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
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