8527 W 97th Street CirBloomingtonMN55438
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 8527 W 97th Street Cir, Bloomington, MN, 55438 generates $2,074/mo in rent and, after a $1,311/mo payment, leaves $401/mo in cash flow. Total monthly income is $2,074/mo, and annual cash flow is $4,816/yr on $88,809 invested. Return on cash invested sits at 25.33% in year one, and rental yield is 9.29% on a $267,900 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation builds toward $74,016 over five years. Five-year ROI reaches 132.03% and total cumulative return in cash sums $117,254. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,074/mo property income rather than buyer’s personal income.
Townhouse
Built in 1980
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55438, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,810 (100%) |
| Owner Occupied HU | 5,444 (69.7%) |
| Renter Occupied HU | 1,909 (24.4%) |
| Vacant Housing Units | 457 ( 5.9%) |
| Median Home Value | $492,032 |
| Average Home Value | $545,876 |
Housing Distribution
Address Breakdown
Residential
7,806
Single Family
5,731
Multi-Family
2,075
Businesses
318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan M Platzke • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7003850