2925 Glenhurst Ave SSaint Louis ParkMN55416
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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
Rental property for sale in Saint Louis Park at 2925 Glenhurst Ave S, Saint Louis Park, MN, 55416 priced at $619,000 pairs $6,780/mo rent with $2,743/mo cash flow after a $3,030/mo payment. Total monthly income equals $6,780/mo, and annual cash flow comes to $32,911/yr on $203,651 invested. Return on cash invested is 36.22% in year one, and rental yield stands at 13.14% on a $619,000 basis. Equity gained on principal adds $3,994/yr, and 5% annual appreciation accumulates to $171,018 by year five. Five-year ROI measures 190.72% and total cumulative return in cash reaches $388,405. For financing, Ziffy Mortgage’s DSCR program evaluates $6,780/mo property income against a $3,030/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1932
0.17 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55416, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,342 (100%) |
| Owner Occupied HU | 8,308 (40.8%) |
| Renter Occupied HU | 10,114 (49.7%) |
| Vacant Housing Units | 1,920 ( 9.4%) |
| Median Home Value | $532,918 |
| Average Home Value | $587,316 |
Housing Distribution
Address Breakdown
Residential
19,078
Single Family
8,037
Multi-Family
11,041
Businesses
1,288
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Listed by: Lynn Rossom • Edina Realty, Inc.
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6604677
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