9941 Oakland Ave SBloomingtonMN55420
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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 9941 Oakland Ave S, Bloomington, MN, 55420 earns $492/mo cash flow from $3,052/mo rent with a $2,007/mo payment. Total monthly income totals $3,052/mo, and annual cash flow totals $5,898/yr on $135,915 capital. ROI tracks 24.25% on current figures, and rental yield reads 8.93% at a $410,000 purchase. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 over five years. Five-year ROI reaches 126.19% and total cumulative return in cash sums $171,515. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,052/mo property income instead of your personal income.
Single Family
Built in 1983
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55420, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,697 (100%) |
| Owner Occupied HU | 5,853 (60.4%) |
| Renter Occupied HU | 3,495 (36.0%) |
| Vacant Housing Units | 349 ( 3.6%) |
| Median Home Value | $335,224 |
| Average Home Value | $366,745 |
Housing Distribution
Address Breakdown
Residential
9,524
Single Family
6,310
Multi-Family
3,214
Businesses
1,000
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Listed by: Kaitlin McInerney • HomeSmart Sapphire Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6794349