201 W Minnehaha PkwyMinneapolisMN55419
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
Investment Highlights
Investment property for sale in Minneapolis at 201 W Minnehaha Pkwy, Minneapolis, MN, 55419 at $899,000 posts ROI 25.03% with $1,224/mo cash flow from $6,838/mo rent. Total monthly income equals $6,838/mo, and annual cash flow records $14,692/yr on $295,771 to close. Return on cash invested measures 25.03% and rental yield reads 9.13% at the current $899,000. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 by year five. Five-year ROI prints 130.33% and total cumulative return in cash totals $385,486.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,838/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1932
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55419, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,125 (100%) |
| Owner Occupied HU | 8,073 (72.6%) |
| Renter Occupied HU | 2,657 (23.9%) |
| Vacant Housing Units | 395 ( 3.6%) |
| Median Home Value | $528,199 |
| Average Home Value | $599,489 |
Housing Distribution
Address Breakdown
Residential
11,040
Single Family
9,582
Multi-Family
1,458
Businesses
519
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Listed by: Kari M Lundin • Keller Williams Realty Integrity
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7005040