146 Emerald St SEMinneapolisMN55414
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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 146 Emerald St SE, Minneapolis, MN, 55414 with 5% annual appreciation on a $529,000 basis while $5,120/mo rent supports operations. Total monthly income totals $5,120/mo and a $2,589/mo payment preserves $1,817/mo for cash returns. Annual cash flow comes to $21,802/yr on $174,041 deployed, and return on cash invested reaches 32.59% in year one. Equity gained on principal adds $3,414/yr, and five-year appreciation sums $146,153 alongside rental yield of 11.61%. Five-year ROI measures 170.87% and total cumulative return in cash totals $297,377.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,120/mo property income versus a $2,589/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1906
0.15 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55414, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,046 (100%) |
| Owner Occupied HU | 1,975 (11.6%) |
| Renter Occupied HU | 13,966 (81.9%) |
| Vacant Housing Units | 1,105 ( 6.5%) |
| Median Home Value | $540,769 |
| Average Home Value | $636,285 |
Housing Distribution
Address Breakdown
Residential
16,725
Single Family
4,350
Multi-Family
12,375
Businesses
1,032
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Listed by: Todd E. Priebe • Re/Max Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6823224