3700 Russell Ave NMinneapolisMN55412
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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 3700 Russell Ave N, Minneapolis, MN, 55412 at $154,900 posts ROI 24.72% with $206/mo cash flow from $1,173/mo rent. Total monthly income equals $1,173/mo, and annual cash flow records $2,471/yr on $51,349 to close. Return on cash invested measures 24.72% and rental yield reads 9.09% at the current $154,900. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,796 by year five. Five-year ROI prints 128.73% and total cumulative return in cash totals $66,104.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,173/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1923
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55412, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,813 (100%) |
| Owner Occupied HU | 5,388 (61.1%) |
| Renter Occupied HU | 2,946 (33.4%) |
| Vacant Housing Units | 479 ( 5.4%) |
| Median Home Value | $300,000 |
| Average Home Value | $354,680 |
Housing Distribution
Address Breakdown
Residential
8,658
Single Family
7,801
Multi-Family
857
Businesses
216
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Listed by: Taylor Smith • HOMESTEAD ROAD
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6794170