3712 Stevens AveMinneapolisMN55409
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 3712 Stevens Ave, Minneapolis, MN, 55409 in Minneapolis is a conservative rental investment at $464,900. Rental yield 6.14%. A 1.14 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $128,443; $4,282/yr in principal paydown supplements. Total projected return: $142,797.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 4.8% |
| Monthly Cash Flow | $(523) | $850 |
City averages based on Minneapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,380 |
| Total Monthly Debt Service | $2,718 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55409, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,506 (100%) |
| Owner Occupied HU | 3,074 (55.8%) |
| Renter Occupied HU | 2,183 (39.6%) |
| Vacant Housing Units | 249 ( 4.5%) |
| Median Home Value | $428,632 |
| Average Home Value | $503,788 |
Housing Distribution
Address Breakdown
Residential
5,331
Single Family
3,825
Multi-Family
1,506
Businesses
239
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
Multi Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55409, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,506 (100%) |
| Owner Occupied HU | 3,074 (55.8%) |
| Renter Occupied HU | 2,183 (39.6%) |
| Vacant Housing Units | 249 ( 4.5%) |
| Median Home Value | $428,632 |
| Average Home Value | $503,788 |
Housing Distribution
Address Breakdown
Residential
5,331
Single Family
3,825
Multi-Family
1,506
Businesses
239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Casey C Cambridge • Twin City Loft Real Estate & Design LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6783707