2501 Lowry Ave NE LOT 321MinneapolisMN55418
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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 2501 Lowry Ave NE LOT 321, Minneapolis, MN, 55418 uses $36,465 cash to close to unlock $1,854/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $841/mo, and a $538/mo payment keeps the spread at $155/mo. Purchase price stands at $110,000, and rental yield measures 9.17% with $841/mo rent. Return on cash invested shows 24.99% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 130.22% and total cumulative return in cash records $47,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $841/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55418, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,851 (100%) |
| Owner Occupied HU | 8,755 (59.0%) |
| Renter Occupied HU | 5,369 (36.2%) |
| Vacant Housing Units | 727 ( 4.9%) |
| Median Home Value | $369,763 |
| Average Home Value | $424,893 |
Housing Distribution
Address Breakdown
Residential
14,467
Single Family
11,390
Multi-Family
3,077
Businesses
908
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Listed by: N/A • N/A
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