25576 5th St W · Zimmerman, MN 55398

$270,000

3 bd · 2.0 ba · 1,466 sqft · Townhouse public records · 7 Days on market

Built 2021 2,613 sqft lot $184/sqft · 11% below area Est $302k · 11% under $350/mo HOA · 17% of rent ↓ 2% since listing

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +12.3/15.0
• Cash flow +7.8/30.0
• Schools +5.2/10.0
• Livability +3.9/5.0
• 1% rule +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

***ASSUMABLE LOAN WITH LOWER INTEREST RATE AVAILABLE FOR VETERANS!!! CALL TO LEARN MORE!*** Welcome to this BETTER-THAN-NEW 3-bed, 2-bath townhome in Zimmerman! An oversized entryway welcomes you inside, creating an inviting first impression while keeping the clutter of everyday life conveniently contained. Head upstairs to an open-concept living area featuring a kitchen with granite center island, tile backsplash, stainless steel appliances, an upgraded refrigerator, added cabinetry beyond the builder’s standard, & a never-used dishwasher. The kitchen flows seamlessly into the dining & living room, with access to a maintenance-free deck perfect for summertime grilling. A few steps up, the bedroom level offers extra privacy from the main living space. The primary suite includes a walk-in closet & private bath. Two additional bedrooms & a full bathroom complete the upper level. The lower level offers the laundry area, walkout patio door, & unfinished space to customize. This home has been gently lived in with no kids, pets, or smoking. Upgrades include an epoxy floor in the garage, top of the line insulated garage door & additional garage lighting, soft close doors, a washer & dryer, water softener, & blinds. So many upgrades that new construction just doesn't have! See supplements for a full list. Come take a look—you’ll appreciate the care & quality the moment you step inside! MOTIVATED SELLER!!! BRING ALL REASONABLE OFFERS!

Key facts

• Stainless appliances
• Granite island
• Added cabinetry

Tags

• OPEN-CONCEPT LIVING AREA
• GRANITE ISLAND
• TILE BACKSPLASH
• STAINLESS APPLIANCES
• ADDED CABINETRY
• MAINTENANCE-FREE DECK

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath townhouse listed at $270k.

Deal economics

• At list price, monthly cash flow is $-297 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $218k (19.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (22.3% below list).
• Recommended offer: $210k (22.3% below list) — sets the bar for 1% rule.
• Cap rate 5.0% vs local median 3.2% in Zimmerman — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#134 in MN, #3,004 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Independent School District 728 (suburban): math 56% / reading 60% proficiency, ranked #37 of 301 in MN (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 14% free/reduced lunch — higher-income household profile.
• Market conditions: 180 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 334 units permitted in Sherburne County in 2024 (58 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $35k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $209,728 (22.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.78% ✗
• Cap rate: 4.97%
• Cash-on-cash: -4.71%
• DSCR: 0.79
• GRM: 10.7

CMA / ARV

• ARV (median comp): $302,003
• List price: $270,000
• Delta: -10.60%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -24.2%
• Equity multiple: 0.17×
• Total profit: $-62,575
• Equity at exit: $40,258

10-year hold

• IRR: -19.5%
• Equity multiple: -0.04×
• Total profit: $-78,490
• Equity at exit: $23,345

Cash invested: $75,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 46 Balanced
• State Minnesota: 46 Balanced · D+2
• County: — inherits STATE
• City: — inherits STATE

2024 reforms strengthened tenant protections; ramsey/hennepin courts paced moderate to slow.

Methodology + full state rankings →

ZIP-level market 55398

• Home prices YoY: -20.7%
• Active inventory: 180
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $2,097 high
• Mortgage (P&I): −$1,416
• Tax from tax record: −$75 /mo · $904/yr
• Insurance: −$112
• HOA: −$350
• Vacancy / Maint / Mgmt: −$440
• Net cashflow: $-297

Break-even live

Break-even rent $2,473

Max offer price $217,553

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $67,500
• Closing costs: $8,100
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
25571 3rd St W Zimmerman, MN	3.0	3.0	1709	$2,349	$1.37	20d	1	0.21mi
12662 Pond View Rd Zimmerman, MN	3.0	2.5	1709	$2,200	$1.29	44d	1	0.22mi
12660 Pond View Rd Zimmerman, MN	3.0	2.5	1709	$2,200	$1.29	44d	1	0.23mi
12654 Pond View Rd Zimmerman, MN	3.0	2.0	1500	$1,849	$1.23	44d	1	0.23mi
12648 Pond View Rd Zimmerman, MN	3.0	2.0	1547	$1,895	$1.22	18d	1	0.24mi
12624 Pond View Rd Zimmerman, MN	3.0	2.0	1500	$1,849	$1.23	44d	1	0.26mi
26125 Main St Zimmerman, MN	1.0–2.0	1.0–2.0	1005	$1,771	$1.76	2d	13	0.76mi
26429 2nd St E Zimmerman, MN	1.0–2.0	1.0–2.0	888	$1,934	$2.18	2d	17	1.10mi

HOA detail

• Monthly dues: $350 · $4,200/yr
• Likely covers: water

Listing history 25 events

1. 2026-06-18
   days on market $270,000 Active 7 DOM
2. 2026-06-17
   days on market $270,000 Active 6 DOM
3. 2026-06-16
   days on market $270,000 Active 5 DOM
4. 2026-06-15
   days on market $270,000 Active 4 DOM
5. 2026-06-13
   days on market $270,000 Active 2 DOM
6. 2026-06-13
   days on marketlisting id $270,000 Active 1 DOM
7. 2026-06-09
   days on market $270,000 Active 87 DOM
8. 2026-06-08
   days on market $270,000 Active 86 DOM
9. 2026-06-07
   days on market $270,000 Active 85 DOM
10. 2026-06-04
    days on market $270,000 Active 82 DOM
11. 2026-06-03
    days on market $270,000 Active 81 DOM
12. 2026-06-02
    days on market $270,000 Active 80 DOM
13. 2026-06-02
    price $270,000 Active 79 DOM
14. 2026-06-01
    days on market $279,900 Active 79 DOM
15. 2026-05-31
    days on market $279,900 Active 78 DOM
16. 2026-05-12
    price $279,900 1503-char remark

    Show marketing remark (1503 chars)

    ***ASSUMABLE LOAN WITH LOWER INTEREST RATE AVAILABLE FOR VETERANS!!! CALL TO LEARN MORE!*** Welcome to this BETTER-THAN-NEW 3-bed, 2-bath townhome in Zimmerman! An oversized entryway welcomes you inside, creating an inviting first impression while keeping the clutter of everyday life conveniently contained. Head upstairs to an open-concept living area featuring a kitchen with granite center island, tile backsplash, stainless steel appliances, an upgraded refrigerator, added cabinetry beyond the builder’s standard, & a never-used dishwasher. The kitchen flows seamlessly into the dining & living room, with access to a maintenance-free deck perfect for summertime grilling. A few steps up, the bedroom level offers extra privacy from the main living space. The primary suite includes a walk-in closet & private bath. Two additional bedrooms & a full bathroom complete the upper level. The lower level offers the laundry area, walkout patio door, & unfinished space to customize. This home has been gently lived in with no kids, pets, or smoking. Upgrades include an epoxy floor in the garage, top of the line insulated garage door & additional garage lighting, soft close doors, a washer & dryer, water softener, & blinds. So many upgrades that new construction just doesn't have! See supplements for a full list. Come take a look—you’ll appreciate the care & quality the moment you step inside! MOTIVATED SELLER!!! BRING ALL REASONABLE OFFERS!

17. 2026-04-16
    price $295,000 1503-char remark

    Show marketing remark (1503 chars)

    ***ASSUMABLE LOAN WITH LOWER INTEREST RATE AVAILABLE FOR VETERANS!!! CALL TO LEARN MORE!*** Welcome to this BETTER-THAN-NEW 3-bed, 2-bath townhome in Zimmerman! An oversized entryway welcomes you inside, creating an inviting first impression while keeping the clutter of everyday life conveniently contained. Head upstairs to an open-concept living area featuring a kitchen with granite center island, tile backsplash, stainless steel appliances, an upgraded refrigerator, added cabinetry beyond the builder’s standard, & a never-used dishwasher. The kitchen flows seamlessly into the dining & living room, with access to a maintenance-free deck perfect for summertime grilling. A few steps up, the bedroom level offers extra privacy from the main living space. The primary suite includes a walk-in closet & private bath. Two additional bedrooms & a full bathroom complete the upper level. The lower level offers the laundry area, walkout patio door, & unfinished space to customize. This home has been gently lived in with no kids, pets, or smoking. Upgrades include an epoxy floor in the garage, top of the line insulated garage door & additional garage lighting, soft close doors, a washer & dryer, water softener, & blinds. So many upgrades that new construction just doesn't have! See supplements for a full list. Come take a look—you’ll appreciate the care & quality the moment you step inside! MOTIVATED SELLER!!! BRING ALL REASONABLE OFFERS!

18. 2026-03-30
    price $300,000 1503-char remark

    Show marketing remark (1503 chars)

    ***ASSUMABLE LOAN WITH LOWER INTEREST RATE AVAILABLE FOR VETERANS!!! CALL TO LEARN MORE!*** Welcome to this BETTER-THAN-NEW 3-bed, 2-bath townhome in Zimmerman! An oversized entryway welcomes you inside, creating an inviting first impression while keeping the clutter of everyday life conveniently contained. Head upstairs to an open-concept living area featuring a kitchen with granite center island, tile backsplash, stainless steel appliances, an upgraded refrigerator, added cabinetry beyond the builder’s standard, & a never-used dishwasher. The kitchen flows seamlessly into the dining & living room, with access to a maintenance-free deck perfect for summertime grilling. A few steps up, the bedroom level offers extra privacy from the main living space. The primary suite includes a walk-in closet & private bath. Two additional bedrooms & a full bathroom complete the upper level. The lower level offers the laundry area, walkout patio door, & unfinished space to customize. This home has been gently lived in with no kids, pets, or smoking. Upgrades include an epoxy floor in the garage, top of the line insulated garage door & additional garage lighting, soft close doors, a washer & dryer, water softener, & blinds. So many upgrades that new construction just doesn't have! See supplements for a full list. Come take a look—you’ll appreciate the care & quality the moment you step inside! MOTIVATED SELLER!!! BRING ALL REASONABLE OFFERS!

19. 2026-03-15
    listed $304,999 Active 1503-char remark

    Show marketing remark (1503 chars)

    ***ASSUMABLE LOAN WITH LOWER INTEREST RATE AVAILABLE FOR VETERANS!!! CALL TO LEARN MORE!*** Welcome to this BETTER-THAN-NEW 3-bed, 2-bath townhome in Zimmerman! An oversized entryway welcomes you inside, creating an inviting first impression while keeping the clutter of everyday life conveniently contained. Head upstairs to an open-concept living area featuring a kitchen with granite center island, tile backsplash, stainless steel appliances, an upgraded refrigerator, added cabinetry beyond the builder’s standard, & a never-used dishwasher. The kitchen flows seamlessly into the dining & living room, with access to a maintenance-free deck perfect for summertime grilling. A few steps up, the bedroom level offers extra privacy from the main living space. The primary suite includes a walk-in closet & private bath. Two additional bedrooms & a full bathroom complete the upper level. The lower level offers the laundry area, walkout patio door, & unfinished space to customize. This home has been gently lived in with no kids, pets, or smoking. Upgrades include an epoxy floor in the garage, top of the line insulated garage door & additional garage lighting, soft close doors, a washer & dryer, water softener, & blinds. So many upgrades that new construction just doesn't have! See supplements for a full list. Come take a look—you’ll appreciate the care & quality the moment you step inside! MOTIVATED SELLER!!! BRING ALL REASONABLE OFFERS!

20. 2026-03-12
    historical $304,999 1503-char remark

    Show marketing remark (1503 chars)

    ***ASSUMABLE LOAN WITH LOWER INTEREST RATE AVAILABLE FOR VETERANS!!! CALL TO LEARN MORE!*** Welcome to this BETTER-THAN-NEW 3-bed, 2-bath townhome in Zimmerman! An oversized entryway welcomes you inside, creating an inviting first impression while keeping the clutter of everyday life conveniently contained. Head upstairs to an open-concept living area featuring a kitchen with granite center island, tile backsplash, stainless steel appliances, an upgraded refrigerator, added cabinetry beyond the builder’s standard, & a never-used dishwasher. The kitchen flows seamlessly into the dining & living room, with access to a maintenance-free deck perfect for summertime grilling. A few steps up, the bedroom level offers extra privacy from the main living space. The primary suite includes a walk-in closet & private bath. Two additional bedrooms & a full bathroom complete the upper level. The lower level offers the laundry area, walkout patio door, & unfinished space to customize. This home has been gently lived in with no kids, pets, or smoking. Upgrades include an epoxy floor in the garage, top of the line insulated garage door & additional garage lighting, soft close doors, a washer & dryer, water softener, & blinds. So many upgrades that new construction just doesn't have! See supplements for a full list. Come take a look—you’ll appreciate the care & quality the moment you step inside! MOTIVATED SELLER!!! BRING ALL REASONABLE OFFERS!

21. 2023-05-04
    soldstatus $284,900 Sold 577-char remark

    Show marketing remark (577 chars)

    The Blackberry townhome, located within LGI Homes’ beautiful community of Maefield Estates, offers an incredible layout with three bedrooms, two bathrooms and spacious living areas. Enjoy comfortable living and entertaining areas on the upper level of this home, which includes a stunning, chef-ready kitchen with an island that opens to a huge family room and the dining room. Downstairs, the unfinished recreation room is set for future buildout of a game room and powder bath or utilize the space for a home theater, fitness center or anything else your heart desires.

22. 2023-04-03
    status Pending 577-char remark

    Show marketing remark (577 chars)

    The Blackberry townhome, located within LGI Homes’ beautiful community of Maefield Estates, offers an incredible layout with three bedrooms, two bathrooms and spacious living areas. Enjoy comfortable living and entertaining areas on the upper level of this home, which includes a stunning, chef-ready kitchen with an island that opens to a huge family room and the dining room. Downstairs, the unfinished recreation room is set for future buildout of a game room and powder bath or utilize the space for a home theater, fitness center or anything else your heart desires.

23. 2023-04-03
    listed $284,900 Active 577-char remark

    Show marketing remark (577 chars)

    The Blackberry townhome, located within LGI Homes’ beautiful community of Maefield Estates, offers an incredible layout with three bedrooms, two bathrooms and spacious living areas. Enjoy comfortable living and entertaining areas on the upper level of this home, which includes a stunning, chef-ready kitchen with an island that opens to a huge family room and the dining room. Downstairs, the unfinished recreation room is set for future buildout of a game room and powder bath or utilize the space for a home theater, fitness center or anything else your heart desires.

24. 2023-03-31
    historical
25. 2023-03-29
    listed $284,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MN · Partial reset (capped growth)

• Current annual tax: $904 · $75/mo
• Projected year-2 tax: $1,964 · $164/mo
• Expected delta: +$1,060/yr (+$88/mo · 117.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥98°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,167
• − Mortgage interest: −$15,124
• − Property taxes: −$904
• − Insurance: −$1,350
• − Repairs & maintenance: −$2,013
• − Management: −$2,013
• − HOA: −$4,200
• − Depreciation: −$7,855
• Taxable loss: −$8,292
• Est. tax savings @ 24.0%: +$1,990
• After-tax cash flow: $-1,573/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Independent School District 728
• NCES district ID: 2711370
• Math proficiency: 56% ▼ -15.00%
• Reading proficiency: 60% ▼ -10.00%
• Median HH income: $82,336
• Composite: 52.5/100
• National rank: #1567
• State rank: #37 of 301 in MN

Livability — Zimmerman

• Score: 77/100
• State rank: #134
• US rank: #3004

Category grades

Amenities F Commute F Cost of living B+ Crime B+ Employment A+ Housing A+ Health & safety A+ User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Zimmerman, MN
• County: Sherburne County · 120,363 people
• City population: 17,688
• Metro: Minneapolis-St. Paul-Bloomington, MN-WI
• Population (ZIP): 17,688
• Household income: $103,419
• Rent vs Own: 9.7% rent · 90.3% own
• Severe rent burden: 176.0

Population outlook (Sherburne County) Hauer SSP2

• Today (2025): 97,402 people
• By 2030: 99,341 · +2.0%
• By 2040: 101,188 · +3.9%
• By 2050: 99,214 · +1.9%
• By 2075: 88,700 · -8.9%
• By 2100: 72,241 · -25.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 5% Hispanic / Latino 3% Asian 2%
• Common ancestry: Portuguese 18% Romanian 5% Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Sherburne

• 2024 margin: Solid R (+34.9) · D 31.7% · R 66.6% · Other 1.7%
• 2008→2024 swing: -16.7pp toward R · 2008: -18.2pp · 2024: -34.9pp
• All cycles: 2024: R+34.9 2020: R+32.6 2016: R+37.0 2012: R+22.1 2008: R+18.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.73%
• Current HPI: 263.741
• Rent YoY: —
• Metro: Minneapolis-St. Paul-Bloomington, MN-WI
• State GDP YoY: ▲ 2.41%
• F500 in state: 34

Industry mix (Fortune 500 HQ in MN)

Industry	F500 HQs	Revenue
▸Healthcare	2	$407B
▸Retail	2	$150B
▸Consumer Goods	2	$32B
▸Industrial Machinery	2	$6B
▸Agriculture	1	$40B
▸Healthcare / Medical Devices	1	$32B

Price history

-1.8% since first listed

10 events — show timeline

• 2026-05-12 Price Changed $279,900 NORTHSTARMLS as Distributed by MLS Grid
• 2026-04-16 Price Changed $295,000 NORTHSTARMLS as Distributed by MLS Grid
• 2026-03-30 Price Changed $300,000 NORTHSTARMLS as Distributed by MLS Grid
• 2026-03-15 Listed $304,999 NORTHSTARMLS as Distributed by MLS Grid
• 2026-03-12 Coming Soon $304,999 NORTHSTARMLS as Distributed by MLS Grid
• 2023-05-04 Sold (MLS) $284,900 NORTHSTARMLS as Distributed by MLS Grid
• 2023-04-03 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2023-04-03 Listed $284,900 NORTHSTARMLS as Distributed by MLS Grid
• 2023-03-31 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2023-03-29 Listed $284,900 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+236.2%/yr

Latest (2023): $904 · +1002.4% YoY. Source: county tax records.