322 74th Ave NBrooklyn ParkMN55444
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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 Brooklyn Park at 322 74th Ave N, Brooklyn Park, MN, 55444 generates $2,862/mo in rent, after a $2,349/mo payment. Total monthly income is $2,862/mo. Return on cash invested sits at 18.89% in year one, and rental yield is 7.16% on a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 97.48% and total cumulative return in cash sums $155,073. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,862/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55444, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,065 (100%) |
| Owner Occupied HU | 4,290 (84.7%) |
| Renter Occupied HU | 693 (13.7%) |
| Vacant Housing Units | 82 ( 1.6%) |
| Median Home Value | $340,860 |
| Average Home Value | $431,717 |
Housing Distribution
Address Breakdown
Residential
5,421
Single Family
5,421
Multi-Family
0
Businesses
102
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Listed by: Jeremiah Bouley • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6805367