211 Christenson Way NEFridleyMN55432
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 Fridley at 211 Christenson Way NE, Fridley, MN, 55432 with 5% annual appreciation on a $229,900 basis while $2,122/mo rent supports operations. Total monthly income totals $2,122/mo and a $1,125/mo payment preserves $687/mo for cash returns. Annual cash flow comes to $8,240/yr on $76,212 deployed, and return on cash invested reaches 30.72% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 11.08%. Five-year ROI measures 160.9% and total cumulative return in cash totals $122,627.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,122/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1997
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55432, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,131 (100%) |
| Owner Occupied HU | 8,278 (58.6%) |
| Renter Occupied HU | 5,439 (38.5%) |
| Vacant Housing Units | 414 ( 2.9%) |
| Median Home Value | $337,021 |
| Average Home Value | $345,828 |
Housing Distribution
Address Breakdown
Residential
13,926
Single Family
9,630
Multi-Family
4,296
Businesses
994
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices