3247 Benjamin 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 3247 Benjamin St NE, Minneapolis, MN, 55418 listed at $300,000 pairs $2,095/mo rent with a $1,468/mo payment to leave $222/mo cash flow. Total monthly income runs $2,095/mo, and annual cash flow reaches $2,664/yr on $99,450 cash to close. Return on cash invested measures 22.59% in year one, and rental yield registers 8.38% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 117.26% and total cumulative return in cash totals $116,616. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,095/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
6,098 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: Grant Thompson • Keller Williams Integrity Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6764561