2400 W Lake Of The Isles PkwyMinneapolisMN55405
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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 2400 W Lake Of The Isles Pkwy, Minneapolis, MN, 55405 projects strong ROI of 0.31%. Rental yield 0.99%. With 5% annual appreciation, the property builds $799,835 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1916
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55405, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,925 (100%) |
| Owner Occupied HU | 2,502 (31.6%) |
| Renter Occupied HU | 4,785 (60.4%) |
| Vacant Housing Units | 638 ( 8.1%) |
| Median Home Value | $558,861 |
| Average Home Value | $683,129 |
Housing Distribution
Address Breakdown
Residential
7,492
Single Family
3,720
Multi-Family
3,772
Businesses
593
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Listed by: Berg Larsen Group - Barry Berg • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6775659