8161 33rd Ave S UNIT 609BloomingtonMN55425
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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 Bloomington at 8161 33rd Ave S UNIT 609, Bloomington, MN, 55425 listed at $329,900 pairs $2,428/mo rent with a $1,615/mo payment to leave $368/mo cash flow. Total monthly income runs $2,428/mo, and annual cash flow reaches $4,412/yr on $109,362 cash to close. Return on cash invested measures 23.94% in year one, and rental yield registers 8.83% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 124.55% and total cumulative return in cash totals $136,215. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,428/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55425, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,315 (100%) |
| Owner Occupied HU | 1,770 (33.3%) |
| Renter Occupied HU | 3,072 (57.8%) |
| Vacant Housing Units | 473 ( 8.9%) |
| Median Home Value | $364,908 |
| Average Home Value | $452,684 |
Housing Distribution
Address Breakdown
Residential
5,240
Single Family
1,941
Multi-Family
3,299
Businesses
881
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Listed by: Taryn C Kelzer • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7007711