37 4th Ave N APT 103MinneapolisMN55401
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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 37 4th Ave N APT 103, Minneapolis, MN, 55401 offers a 8% rental yield on a $665,000 purchase with $4,434/mo rent. Total monthly income registers $4,434/mo, and a $3,255/mo payment leaves $281/mo available for distribution. Annual cash flow reaches $3,375/yr on $218,785 to close, and return on cash invested stands at 21.6% in year one. Equity gained on principal adds $4,291/yr while 5% annual appreciation supports $183,727 over five years. Portfolio math shows five-year ROI at 111.98% and total cumulative return in cash at $244,987. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,434/mo property income against a $3,255/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2000
6.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55401, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,182 (100%) |
| Owner Occupied HU | 2,338 (23.0%) |
| Renter Occupied HU | 6,469 (63.5%) |
| Vacant Housing Units | 1,375 (13.5%) |
| Median Home Value | $517,450 |
| Average Home Value | $602,631 |
Housing Distribution
Address Breakdown
Residential
9,187
Single Family
460
Multi-Family
8,727
Businesses
983
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Listed by: Nicoli Holm • Keller Williams Realty Integrity
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6813129