1814 New York Ave NMinneapolisMN55411
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 1814 New York Ave N, Minneapolis, MN, 55411 in Minneapolis offers it: the 1.56 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 8.44%. Long-term, 5% appreciation is forecast to add $63,517, and $2,117/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $98,917.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.8% |
| Monthly Cash Flow | $(294) | $850 |
City averages based on Minneapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,617 |
| Total Monthly Debt Service | $1,344 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55411, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,733 (100%) |
| Owner Occupied HU | 4,196 (39.1%) |
| Renter Occupied HU | 5,821 (54.2%) |
| Vacant Housing Units | 716 ( 6.7%) |
| Median Home Value | $303,806 |
| Average Home Value | $380,840 |
Housing Distribution
Address Breakdown
Residential
9,811
Single Family
7,965
Multi-Family
1,846
Businesses
668
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
Townhouse
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55411, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,733 (100%) |
| Owner Occupied HU | 4,196 (39.1%) |
| Renter Occupied HU | 5,821 (54.2%) |
| Vacant Housing Units | 716 ( 6.7%) |
| Median Home Value | $303,806 |
| Average Home Value | $380,840 |
Housing Distribution
Address Breakdown
Residential
9,811
Single Family
7,965
Multi-Family
1,846
Businesses
668
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Paulsen IV • LPT Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7008451