8206 Norman Creek TrlBloomingtonMN55437
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
Rental property for sale in Bloomington at 8206 Norman Creek Trl, Bloomington, MN, 55437 priced at $595,000 pairs $4,159/mo rent with after a $2,912/mo payment. Total monthly income equals $4,159/mo. Return on cash invested is 19.2% in year one, and rental yield stands at 8.39% on a $595,000 basis. Equity gained on principal adds $3,839/yr, and 5% annual appreciation accumulates to $164,388 by year five. Five-year ROI measures 100.38% and total cumulative return in cash reaches $196,502. For financing, Ziffy Mortgage’s DSCR program evaluates $4,159/mo property income against a $2,912/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1994
3,484 sqft lot
$N/A/sqft
$549 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55437, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,672 (100%) |
| Owner Occupied HU | 5,613 (64.7%) |
| Renter Occupied HU | 2,788 (32.1%) |
| Vacant Housing Units | 271 ( 3.1%) |
| Median Home Value | $421,902 |
| Average Home Value | $461,166 |
Housing Distribution
Address Breakdown
Residential
9,087
Single Family
5,577
Multi-Family
3,510
Businesses
302
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Nearby investment properties with comparable prices
Listed by: Beth A Reilly • eXp Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6595705
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