12051/12059 Xeon St NWMinneapolisMN55448
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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
Total monthly income runs $2,382/mo, and a $3,416/mo payment. Purchase price stands at $698,000, and rental yield measures 4.1% with $2,382/mo rent. Return on cash invested shows 9.73% in year one, and 5% annual appreciation builds toward $192,845 over five years. Five-year ROI reaches 48.31% and total cumulative return in cash records $110,940. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,382/mo property income covering a $3,416/mo payment rather than investor’s personal income.
Multi Family
Built in 1981
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55448, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,920 (100%) |
| Owner Occupied HU | 8,696 (79.6%) |
| Renter Occupied HU | 2,002 (18.3%) |
| Vacant Housing Units | 222 ( 2.0%) |
| Median Home Value | $351,012 |
| Average Home Value | $374,329 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
10,012
Multi-Family
848
Businesses
541
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Nearby investment properties with comparable prices
Listed by: Sunnat Nazarov • eXp Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6599311
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