1225 Lasalle Ave APT 1704MinneapolisMN55403
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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 1704, Minneapolis, MN, 55403 listed at $160,000 pairs $1,237/mo rent with a $783/mo payment to leave $238/mo cash flow. Total monthly income runs $1,237/mo, and annual cash flow reaches $2,856/yr on $53,040 cash to close. Return on cash invested measures 25.29% in year one, and rental yield registers 9.28% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 131.74% and total cumulative return in cash totals $69,878. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,237/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1978
1.16 Acres 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: Katrina Dewit • Engel & Volkers Minneapolis Downtown
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6789651