2020 S 6th StMinneapolisMN55454
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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 2020 S 6th St, Minneapolis, MN, 55454 listed at $325,000 pairs $1,560/mo rent with a $1,591/mo payment. Total monthly income runs $1,560/mo. Return on cash invested measures 14.68% in year one, and rental yield registers 5.76% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 74.89% and total cumulative return in cash totals $80,689. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,560/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1992
0.52 Acres lot
$N/A/sqft
No 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
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Listed by: Amy L. Jurek • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6750653