8533 Rich Ave SBloomingtonMN55437
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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 8533 Rich Ave S, Bloomington, MN, 55437 earns $536/mo cash flow from $2,815/mo rent with a $1,786/mo payment. Total monthly income totals $2,815/mo, and annual cash flow totals $6,435/yr on $120,998 capital. ROI tracks 25.23% on current figures, and rental yield reads 9.25% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 131.45% and total cumulative return in cash sums $159,055. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,815/mo property income instead of your personal income.
Single Family
Built in 1961
0.29 Acres lot
$N/A/sqft
No 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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Listed by: Blanca Marroquin • Empire Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7010224