115 E 58th StMinneapolisMN55419
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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
Rental property for sale in Minneapolis at 115 E 58th St, Minneapolis, MN, 55419 generates $3,313/mo in rent and, after a $2,153/mo payment, leaves $566/mo in cash flow. Total monthly income is $3,313/mo, and annual cash flow is $6,794/yr on $145,827 invested. Return on cash invested sits at 24.57% in year one, and rental yield is 9.04% on a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 127.92% and total cumulative return in cash sums $186,543. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,313/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55419, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,125 (100%) |
| Owner Occupied HU | 8,073 (72.6%) |
| Renter Occupied HU | 2,657 (23.9%) |
| Vacant Housing Units | 395 ( 3.6%) |
| Median Home Value | $528,199 |
| Average Home Value | $599,489 |
Housing Distribution
Address Breakdown
Residential
11,040
Single Family
9,582
Multi-Family
1,458
Businesses
519
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Nearby investment properties with comparable prices
Listed by: Rodolfo G Trujillo • Trust Realty, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7007941