7606 York Ave S APT 7308EdinaMN55435
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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 7606 York Ave S APT 7308, Edina, MN, 55435 earns from $1,957/mo rent with a $1,052/mo payment. Total monthly income totals $1,957/mo. ROI tracks 18.92% on current figures, and rental yield reads 10.92% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 101.76% and total cumulative return in cash sums $72,529. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,957/mo property income instead of your personal income.
Condo
Built in 1986
2.04 Acres lot
$N/A/sqft
$672 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55435, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,855 (100%) |
| Owner Occupied HU | 3,125 (35.3%) |
| Renter Occupied HU | 4,637 (52.4%) |
| Vacant Housing Units | 1,093 (12.3%) |
| Median Home Value | $486,519 |
| Average Home Value | $519,287 |
Housing Distribution
Address Breakdown
Residential
8,596
Single Family
1,673
Multi-Family
6,923
Businesses
1,068
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Listed by: Taryn C Kelzer • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6683685
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