816 9th Ave S APT 3HopkinsMN55343
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 Hopkins at 816 9th Ave S APT 3, Hopkins, MN, 55343 earns from $995/mo rent with a $606/mo payment. Total monthly income totals $995/mo. ROI tracks 11.84% on current figures, and rental yield reads 9.64% at a $123,900 purchase. Equity gained on principal adds $800/yr, and 5% annual appreciation supports $34,231 over five years. Five-year ROI reaches 64.94% and total cumulative return in cash sums $26,672. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $995/mo property income instead of your personal income.
Condo
Built in 1968
9.80 Acres lot
$N/A/sqft
$498 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keith D Raney • ATD Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6645639
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