2745 Columbus AveMinneapolisMN55407
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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 2745 Columbus Ave, Minneapolis, MN, 55407 earns $190/mo cash flow from $1,813/mo rent with a $1,272/mo payment. Total monthly income totals $1,813/mo, and annual cash flow totals $2,282/yr on $86,157 capital. ROI tracks 22.56% on current figures, and rental yield reads 8.37% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 117.15% and total cumulative return in cash sums $100,930. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,813/mo property income instead of your personal income.
Single Family
Built in 1911
0.12 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55407, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,967 (100%) |
| Owner Occupied HU | 7,551 (50.5%) |
| Renter Occupied HU | 6,647 (44.4%) |
| Vacant Housing Units | 769 ( 5.1%) |
| Median Home Value | $350,929 |
| Average Home Value | $382,751 |
Housing Distribution
Address Breakdown
Residential
15,053
Single Family
10,906
Multi-Family
4,147
Businesses
853
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Listed by: Isaac Arthur Kuehn • DRG
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6800962