12147 Crooked Lake Blvd NW APT 102MinneapolisMN55433
Nearby investment properties with comparable rents
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 Minneapolis at 12147 Crooked Lake Blvd NW APT 102, Minneapolis, MN, 55433 offers a 10.13% rental yield on a $204,777 purchase with $1,729/mo rent. Total monthly income registers $1,729/mo, and a $1,002/mo payment leaves $98/mo available for distribution. Annual cash flow reaches $1,171/yr on $67,884 to close, and return on cash invested stands at 21.63% in year one. Equity gained on principal adds $1,321/yr while 5% annual appreciation supports $56,576 over five years. Portfolio math shows five-year ROI at 114.45% and total cumulative return in cash at $77,696. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,729/mo property income against a $1,002/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
1,742 sqft lot
$N/A/sqft
$353 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55433, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,906 (100%) |
| Owner Occupied HU | 9,704 (65.1%) |
| Renter Occupied HU | 4,830 (32.4%) |
| Vacant Housing Units | 372 ( 2.5%) |
| Median Home Value | $330,802 |
| Average Home Value | $345,487 |
Housing Distribution
Address Breakdown
Residential
14,605
Single Family
10,865
Multi-Family
3,740
Businesses
648
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Nearby investment properties with comparable prices
Listed by: Debra S Greene • Coldwell Banker Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6611035
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