1920 1st St S #206MinneapolisMN55454
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1920 1st St S #206, Minneapolis, MN, 55454 in Minneapolis is a top-tier cash-flow asset. At $180,000 it produces $2,713/mo in rent and $677/mo in net monthly income, a 18.09% gross rental yield. The DSCR of 3.35 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $8,124. Five-year appreciation adds $49,731, driving a total cumulative return of $115,843.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.1% | 4.8% |
| Monthly Cash Flow | $677 | $850 |
City averages based on Minneapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,713 |
| Total Monthly Debt Service | $1,965 |
| DSCR Ratio | 1.38x |
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.
Condo
Built in 1973
1.08 Acres lot
$N/A/sqft
$891 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55454, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,676 (100%) |
| Owner Occupied HU | 245 ( 6.7%) |
| Renter Occupied HU | 3,205 (87.2%) |
| Vacant Housing Units | 226 ( 6.1%) |
| Median Home Value | $182,609 |
| Average Home Value | $317,628 |
Housing Distribution
Address Breakdown
Residential
3,678
Single Family
295
Multi-Family
3,383
Businesses
162
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
Condo
Built in 1973
1.08 Acres lot
$N/A/sqft
$891 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55454, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,676 (100%) |
| Owner Occupied HU | 245 ( 6.7%) |
| Renter Occupied HU | 3,205 (87.2%) |
| Vacant Housing Units | 226 ( 6.1%) |
| Median Home Value | $182,609 |
| Average Home Value | $317,628 |
Housing Distribution
Address Breakdown
Residential
3,678
Single Family
295
Multi-Family
3,383
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices