9400 Old Cedar Ave S APT 118BloomingtonMN55425
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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 9400 Old Cedar Ave S APT 118, Bloomington, MN, 55425 listed at $125,000 pairs $1,258/mo rent with a $612/mo payment to leave $258/mo cash flow. Total monthly income runs $1,258/mo, and annual cash flow reaches $3,099/yr on $41,438 cash to close. Return on cash invested measures 27.39% in year one, and rental yield registers 12.08% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 145.45% and total cumulative return in cash totals $60,269. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,258/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
7.96 Acres lot
$N/A/sqft
$219 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55425, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,315 (100%) |
| Owner Occupied HU | 1,770 (33.3%) |
| Renter Occupied HU | 3,072 (57.8%) |
| Vacant Housing Units | 473 ( 8.9%) |
| Median Home Value | $364,908 |
| Average Home Value | $452,684 |
Housing Distribution
Address Breakdown
Residential
5,240
Single Family
1,941
Multi-Family
3,299
Businesses
881
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Nearby investment properties with comparable prices
Listed by: Amber Lange • Keller Williams Classic Rlty NW
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6611003
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