1705 Stevens Ave APT 202MinneapolisMN55403
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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 1705 Stevens Ave APT 202, Minneapolis, MN, 55403 earns from $997/mo rent with a $622/mo payment. Total monthly income totals $997/mo. ROI tracks 12.56% on current figures, and rental yield reads 9.42% at a $127,000 purchase. Equity gained on principal adds $820/yr, and 5% annual appreciation supports $35,088 over five years. Five-year ROI reaches 68.37% and total cumulative return in cash sums $28,785. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $997/mo property income instead of your personal income.
Condo
Built in 1913
0.37 Acres lot
$N/A/sqft
$433 monthly 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: N/A • N/A
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