3259 Drew Ave NRobbinsdaleMN55422
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3259 Drew Ave N, Robbinsdale, MN, 55422 in Robbinsdale speaks for itself: 10.98% gross on a $260,000 price, generating $2,380/mo in rent and $756/mo in net income after the $1,169/mo debt service. DSCR 2.04, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,072 stacks alongside $71,833 in projected five-year appreciation and $2,395/yr in principal reduction. Projected total cumulative return: $147,333.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 7.5% |
| Monthly Cash Flow | $756 | $180 |
City averages based on Robbinsdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,380 |
| Total Monthly Debt Service | $1,520 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1947
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55422, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,090 (100%) |
| Owner Occupied HU | 8,674 (66.3%) |
| Renter Occupied HU | 3,919 (29.9%) |
| Vacant Housing Units | 497 ( 3.8%) |
| Median Home Value | $367,824 |
| Average Home Value | $441,543 |
Housing Distribution
Address Breakdown
Residential
12,826
Single Family
9,956
Multi-Family
2,870
Businesses
656
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1947
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55422, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,090 (100%) |
| Owner Occupied HU | 8,674 (66.3%) |
| Renter Occupied HU | 3,919 (29.9%) |
| Vacant Housing Units | 497 ( 3.8%) |
| Median Home Value | $367,824 |
| Average Home Value | $441,543 |
Housing Distribution
Address Breakdown
Residential
12,826
Single Family
9,956
Multi-Family
2,870
Businesses
656
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brett A Rasmussen • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #7008921