1070 Grandview Ct NE APT 206Columbia HeightsMN55421
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Nearby investment properties with comparable prices
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 Columbia Heights at 1070 Grandview Ct NE APT 206, Columbia Heights, MN, 55421 listed at $207,500 pairs $1,177/mo rent with a $1,016/mo payment. Total monthly income runs $1,177/mo. Return on cash invested measures 17.83% in year one, and rental yield registers 6.81% at a $207,500 basis. Equity gained on principal adds $1,339/yr, and annual property appreciation at 5% supports $57,328 by year five. Five-year ROI tracks 91.78% and total cumulative return in cash totals $63,131. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,177/mo property income relative to a $1,016/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55421, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,880 (100%) |
| Owner Occupied HU | 7,201 (51.9%) |
| Renter Occupied HU | 5,970 (43.0%) |
| Vacant Housing Units | 709 ( 5.1%) |
| Median Home Value | $307,043 |
| Average Home Value | $316,918 |
Housing Distribution
Address Breakdown
Residential
12,784
Single Family
8,270
Multi-Family
4,514
Businesses
647
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Listed by: Lukas Veil • LPT Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6756907