10 Plan, The FletcherMinneapolisMN55410
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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 Minneapolis at 10 Plan, The Fletcher, Minneapolis, MN, 55410 generates $3,288/mo in rent, after a $8,300/mo payment. Total monthly income is $3,288/mo. Return on cash invested sits at 4.42% in year one, and rental yield is 2.33% on a $1,695,875 entry. Equity gained on principal adds $10,943/yr, while 5% annual appreciation builds toward $468,539 over five years. Five-year ROI reaches 19.78% and total cumulative return in cash sums $108,668. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,288/mo property income rather than buyer’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55410, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,967 (100%) |
| Owner Occupied HU | 6,507 (72.6%) |
| Renter Occupied HU | 2,035 (22.7%) |
| Vacant Housing Units | 425 ( 4.7%) |
| Median Home Value | $648,685 |
| Average Home Value | $731,009 |
Housing Distribution
Address Breakdown
Residential
8,869
Single Family
7,605
Multi-Family
1,264
Businesses
275
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Listed by: N/A • Highmark Builders
Mls Name: Highmark Builders
Mls ID: #N/A