100 3rd Ave S UNIT 2301MinneapolisMN55401
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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 Minneapolis at 100 3rd Ave S UNIT 2301, Minneapolis, MN, 55401 projects strong ROI of 3.92%. Rental yield 3.58%. With 5% annual appreciation, the property builds $663,074 in value over five years. Equity growth combined delivers a projected five-year ROI of 18.67%, translating into $145,209 in total cumulative return on $777,598 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 2006
0.93 Acres lot
$N/A/sqft
$2,800 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55401, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,182 (100%) |
| Owner Occupied HU | 2,338 (23.0%) |
| Renter Occupied HU | 6,469 (63.5%) |
| Vacant Housing Units | 1,375 (13.5%) |
| Median Home Value | $517,450 |
| Average Home Value | $602,631 |
Housing Distribution
Address Breakdown
Residential
9,187
Single Family
460
Multi-Family
8,727
Businesses
983
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Listed by: N/A • N/A
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