9007 Coffman CirInver Grove HeightsMN55076
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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 Inver Grove Heights at 9007 Coffman Cir, Inver Grove Heights, MN, 55076 generates $3,934/mo in rent and, after a $2,838/mo payment, leaves $313/mo in cash flow. Total monthly income is $3,934/mo, and annual cash flow is $3,758/yr on $190,787 invested. Return on cash invested sits at 22.03% in year one, and rental yield is 8.14% on a $579,900 entry. Equity gained on principal adds $3,742/yr, while 5% annual appreciation builds toward $160,216 over five years. Five-year ROI reaches 114.27% and total cumulative return in cash sums $218,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,934/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55076, Inver Grove Heights, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,394 (100%) |
| Owner Occupied HU | 7,073 (75.3%) |
| Renter Occupied HU | 2,090 (22.2%) |
| Vacant Housing Units | 231 ( 2.5%) |
| Median Home Value | $377,655 |
| Average Home Value | $408,391 |
Housing Distribution
Address Breakdown
Residential
9,409
Single Family
8,032
Multi-Family
1,377
Businesses
409
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Listed by: Andrea S Johnson • River Source Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6778752