2829 67th Ln NBrooklyn CenterMN55430
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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 Brooklyn Center at 2829 67th Ln N, Brooklyn Center, MN, 55430 uses $72,897 cash to close to unlock $8,678/yr annual cash flow and $723/mo monthly cash flow. Total monthly income runs $2,096/mo, and a $1,076/mo payment keeps the spread at $723/mo. Purchase price stands at $219,900, and rental yield measures 11.44% with $2,096/mo rent. Return on cash invested shows 31.81% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 166.79% and total cumulative return in cash records $121,588. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,096/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Townhouse
Built in 1982
0.02 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55430, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,542 (100%) |
| Owner Occupied HU | 5,100 (59.7%) |
| Renter Occupied HU | 3,173 (37.1%) |
| Vacant Housing Units | 269 ( 3.1%) |
| Median Home Value | $289,186 |
| Average Home Value | $372,850 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
6,882
Multi-Family
1,758
Businesses
504
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Listed by: Andrea Souriyavong • LPT Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6778005