2208 84th Ave NBrooklyn ParkMN55444
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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 Brooklyn Park at 2208 84th Ave N, Brooklyn Park, MN, 55444 offers a 9.55% rental yield on a $349,000 purchase with $2,777/mo rent. Total monthly income registers $2,777/mo, and a $1,708/mo payment leaves $598/mo available for distribution. Annual cash flow reaches $7,174/yr on $115,694 to close, and return on cash invested stands at 26.11% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 136.17% and total cumulative return in cash at $157,536. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,777/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55444, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,065 (100%) |
| Owner Occupied HU | 4,290 (84.7%) |
| Renter Occupied HU | 693 (13.7%) |
| Vacant Housing Units | 82 ( 1.6%) |
| Median Home Value | $340,860 |
| Average Home Value | $431,717 |
Housing Distribution
Address Breakdown
Residential
5,421
Single Family
5,421
Multi-Family
0
Businesses
102
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Listed by: Vy Dam • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6793203