2600 University Ave SE APT 105, Minneapolis, MN, 55414 | $351/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Minneapolis at 2600 University Ave SE APT 105, Minneapolis, MN, 55414 offers a 9.6% rental yield on a $199,900 purchase with $1,599/mo rent. Total monthly income registers $1,599/mo, and a $978/mo payment leaves $351/mo available for distribution. Annual cash flow reaches $4,214/yr on $66,267 to close, and return on cash invested stands at 26.27% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 137.08% and total cumulative return in cash at $90,841. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,599/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 55414, Minneapolis, MN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,046 (100%)
Owner Occupied HU	1,975 (11.6%)
Renter Occupied HU	13,966 (81.9%)
Vacant Housing Units	1,105 ( 6.5%)
Median Home Value	$540,769
Average Home Value	$636,285