8549 Russell Ave SBloomingtonMN55431
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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
Rental property for sale in Bloomington at 8549 Russell Ave S, Bloomington, MN, 55431 generates $2,959/mo in rent and, after a $1,933/mo payment, leaves $493/mo in cash flow. Total monthly income is $2,959/mo, and annual cash flow is $5,913/yr on $130,943 invested. Return on cash invested sits at 24.42% in year one, and rental yield is 8.99% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 127.14% and total cumulative return in cash sums $166,482. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,959/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55431, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,161 (100%) |
| Owner Occupied HU | 5,743 (62.7%) |
| Renter Occupied HU | 3,016 (32.9%) |
| Vacant Housing Units | 402 ( 4.4%) |
| Median Home Value | $371,100 |
| Average Home Value | $426,014 |
Housing Distribution
Address Breakdown
Residential
8,891
Single Family
6,180
Multi-Family
2,711
Businesses
704
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Listed by: Molly Hangartner • LPT Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6822827