1960 Shenandoah Ct UNIT EMinneapolisMN55447
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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 1960 Shenandoah Ct UNIT E, Minneapolis, MN, 55447 with 5% annual appreciation on a $280,000 basis while $2,279/mo rent supports operations. 84% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 9.77%. Five-year ROI measures 105.06% and total cumulative return in cash totals $97,521. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,279/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1991
1,742 sqft lot
$N/A/sqft
$536 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55447, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,816 (100%) |
| Owner Occupied HU | 6,054 (68.7%) |
| Renter Occupied HU | 2,428 (27.5%) |
| Vacant Housing Units | 334 ( 3.8%) |
| Median Home Value | $519,618 |
| Average Home Value | $571,537 |
Housing Distribution
Address Breakdown
Residential
8,844
Single Family
7,068
Multi-Family
1,776
Businesses
785
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Nearby investment properties with comparable prices
Listed by: Neal Lawson • National Realty Guild
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6693322
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