3441 45th Ave SMinneapolisMN55406
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
Investment Highlights
Investment property for sale in Minneapolis at 3441 45th Ave S, Minneapolis, MN, 55406 offers a 8.74% rental yield on a $450,000 purchase with $3,278/mo rent. Total monthly income registers $3,278/mo, and a $2,203/mo payment leaves $468/mo available for distribution. Annual cash flow reaches $5,610/yr on $149,175 to close, and return on cash invested stands at 23.67% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 123.09% and total cumulative return in cash at $183,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,278/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55406, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,919 (100%) |
| Owner Occupied HU | 10,172 (60.1%) |
| Renter Occupied HU | 6,007 (35.5%) |
| Vacant Housing Units | 740 ( 4.4%) |
| Median Home Value | $382,362 |
| Average Home Value | $452,022 |
Housing Distribution
Address Breakdown
Residential
16,527
Single Family
12,303
Multi-Family
4,224
Businesses
979
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greta Fay • Anderson Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6808785