3219 Dupont Ave NMinneapolisMN55412
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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 3219 Dupont Ave N, Minneapolis, MN, 55412 listed at $239,000 pairs $2,020/mo rent with a $1,170/mo payment to leave $527/mo cash flow. Total monthly income runs $2,020/mo, and annual cash flow reaches $6,328/yr on $79,229 cash to close. Return on cash invested measures 27.9% in year one, and rental yield registers 10.14% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 145.8% and total cumulative return in cash totals $115,512. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,020/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55412, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,813 (100%) |
| Owner Occupied HU | 5,388 (61.1%) |
| Renter Occupied HU | 2,946 (33.4%) |
| Vacant Housing Units | 479 ( 5.4%) |
| Median Home Value | $300,000 |
| Average Home Value | $354,680 |
Housing Distribution
Address Breakdown
Residential
8,658
Single Family
7,801
Multi-Family
857
Businesses
216
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Listed by: James M Waters • James M. Waters
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6785635