2432 Lyndale Ave SMinneapolisMN55405
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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 2432 Lyndale Ave S, Minneapolis, MN, 55405 earns $288/mo cash flow from $2,473/mo rent with a $1,713/mo payment. Total monthly income totals $2,473/mo, and annual cash flow totals $3,450/yr on $116,025 capital. ROI tracks 22.88% on current figures, and rental yield reads 8.48% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 118.88% and total cumulative return in cash sums $137,930. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,473/mo property income instead of your personal income.
Single Family
Built in 1900
5,227 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: John S. Lynden • Lynden Realty, Ltd.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6786980