1225 Lasalle Ave APT 1501MinneapolisMN55403
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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
Investment property for sale in Minneapolis at 1225 Lasalle Ave APT 1501, Minneapolis, MN, 55403 earns $214/mo cash flow from $1,088/mo rent with a $685/mo payment. Total monthly income totals $1,088/mo, and annual cash flow totals $2,570/yr on $46,377 capital. ROI tracks 25.45% on current figures, and rental yield reads 9.33% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 132.72% and total cumulative return in cash sums $61,551. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,088/mo property income instead of your personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55403, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,855 (100%) |
| Owner Occupied HU | 2,259 (16.3%) |
| Renter Occupied HU | 10,313 (74.4%) |
| Vacant Housing Units | 1,283 ( 9.3%) |
| Median Home Value | $538,012 |
| Average Home Value | $658,136 |
Housing Distribution
Address Breakdown
Residential
12,543
Single Family
969
Multi-Family
11,574
Businesses
663
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Listed by: Darren L Spencer • Lakes Sotheby's International
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6808860