2650 Zenith Ave NRobbinsdaleMN55422
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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 Robbinsdale at 2650 Zenith Ave N, Robbinsdale, MN, 55422 offers a 9.88% rental yield on a $275,000 purchase with $2,264/mo rent. Total monthly income registers $2,264/mo, and a $1,346/mo payment leaves $547/mo available for distribution. Annual cash flow reaches $6,561/yr on $91,163 to close, and return on cash invested stands at 27.11% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 141.5% and total cumulative return in cash at $128,999. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,264/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55422, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,090 (100%) |
| Owner Occupied HU | 8,674 (66.3%) |
| Renter Occupied HU | 3,919 (29.9%) |
| Vacant Housing Units | 497 ( 3.8%) |
| Median Home Value | $367,824 |
| Average Home Value | $441,543 |
Housing Distribution
Address Breakdown
Residential
12,826
Single Family
9,956
Multi-Family
2,870
Businesses
656
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Listed by: Kerby & Cristina Real Estate Experts • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6775271