2034 James Ave NMinneapolisMN55411
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
Rental property for sale in Minneapolis at 2034 James Ave N, Minneapolis, MN, 55411 generates $1,291/mo in rent and, after a $793/mo payment, leaves $279/mo in cash flow. Total monthly income is $1,291/mo, and annual cash flow is $3,352/yr on $53,703 invested. Return on cash invested sits at 26.15% in year one, and rental yield is 9.56% on a $162,000 entry. Equity gained on principal adds $1,045/yr, while 5% annual appreciation builds toward $44,758 over five years. Five-year ROI reaches 136.43% and total cumulative return in cash sums $73,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,291/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55411, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,733 (100%) |
| Owner Occupied HU | 4,196 (39.1%) |
| Renter Occupied HU | 5,821 (54.2%) |
| Vacant Housing Units | 716 ( 6.7%) |
| Median Home Value | $303,806 |
| Average Home Value | $380,840 |
Housing Distribution
Address Breakdown
Residential
9,811
Single Family
7,965
Multi-Family
1,846
Businesses
668
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason P Stockwell • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6795551