1943 Lincoln St NEMinneapolisMN55418
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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 1943 Lincoln St NE, Minneapolis, MN, 55418 listed at $390,000 pairs $3,379/mo rent with a $1,909/mo payment to leave $944/mo cash flow. Total monthly income runs $3,379/mo, and annual cash flow reaches $11,322/yr on $129,285 cash to close. Return on cash invested measures 28.67% in year one, and rental yield registers 10.4% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 149.88% and total cumulative return in cash totals $193,772. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,379/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55418, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,851 (100%) |
| Owner Occupied HU | 8,755 (59.0%) |
| Renter Occupied HU | 5,369 (36.2%) |
| Vacant Housing Units | 727 ( 4.9%) |
| Median Home Value | $369,763 |
| Average Home Value | $424,893 |
Housing Distribution
Address Breakdown
Residential
14,467
Single Family
11,390
Multi-Family
3,077
Businesses
908
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Listed by: Viet Le • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6780383