2900 University Ave SE APT 503MinneapolisMN55414
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 2900 University Ave SE APT 503, Minneapolis, MN, 55414 in Minneapolis is narrow, $30/mo net on $1,764/mo rent after the $948/mo debt service, but the property operates at break-even-plus, not a loss. At $199,900 with a 10.59% yield, the long-run equity case via 5% appreciation ($55,229 over five years) and $1,676/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.86 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $76,147.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 4.8% |
| Monthly Cash Flow | $30 | $850 |
City averages based on Minneapolis market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,764 |
| Total Monthly Debt Service | $1,703 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
0.65 Acres 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 |
Housing Distribution
Address Breakdown
Residential
16,725
Single Family
4,350
Multi-Family
12,375
Businesses
1,032
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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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #7100841
