342 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
Investment property for sale in Brooklyn Park at 342 74th Ave N, Brooklyn Park, MN, 55444 listed at $350,000 pairs $2,476/mo rent with a $1,713/mo payment to leave $291/mo cash flow. Total monthly income runs $2,476/mo, and annual cash flow reaches $3,486/yr on $116,025 cash to close. Return on cash invested measures 22.91% in year one, and rental yield registers 8.49% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 119.03% and total cumulative return in cash totals $138,110. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,476/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
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: Mitchel Herian • Kris Lindahl Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7001619