10005 Russell Ave N APT 3Brooklyn ParkMN55444
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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 Brooklyn Park at 10005 Russell Ave N APT 3, Brooklyn Park, MN, 55444 generates $1,877/mo in rent and, after a $1,052/mo payment, leaves $535/mo in cash flow. Total monthly income is $1,877/mo, and annual cash flow is $6,417/yr on $71,273 invested. Return on cash invested sits at 28.91% in year one, and rental yield is 10.48% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 151.21% and total cumulative return in cash sums $107,773. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,877/mo property income rather than buyer’s personal income.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55444, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,065 (100%) |
| Owner Occupied HU | 4,290 (84.7%) |
| Renter Occupied HU | 693 (13.7%) |
| Vacant Housing Units | 82 ( 1.6%) |
| Median Home Value | $340,860 |
| Average Home Value | $431,717 |
Housing Distribution
Address Breakdown
Residential
5,421
Single Family
5,421
Multi-Family
0
Businesses
102
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Listed by: Anne R Gray • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6800933