3049 Tyler St NEMinneapolisMN55418
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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 3049 Tyler St NE, Minneapolis, MN, 55418 offers a 9.58% rental yield on a $599,900 purchase with $4,787/mo rent. Total monthly income registers $4,787/mo, and a $2,936/mo payment leaves $1,041/mo available for distribution. Annual cash flow reaches $12,494/yr on $197,367 to close, and return on cash invested stands at 26.39% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 137.65% and total cumulative return in cash at $271,684. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,787/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55418, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,851 (100%) |
| Owner Occupied HU | 8,755 (59.0%) |
| Renter Occupied HU | 5,369 (36.2%) |
| Vacant Housing Units | 727 ( 4.9%) |
| Median Home Value | $369,763 |
| Average Home Value | $424,893 |
Housing Distribution
Address Breakdown
Residential
14,467
Single Family
11,390
Multi-Family
3,077
Businesses
908
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Listed by: Lucas E Sontowski • Majestic Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6798139