3720 Abbott Ave SMinneapolisMN55410
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 3720 Abbott Ave S, Minneapolis, MN, 55410 in Minneapolis earns a 8.6% gross yield at $999,000. Rent of $7,162/mo nets $923/mo after the $4,492/mo mortgage. The 1.59 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $276,005 and $9,201/yr in equity accumulation project a total cumulative return of $438,530.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 4.8% |
| Monthly Cash Flow | $923 | $850 |
City averages based on Minneapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,162 |
| Total Monthly Debt Service | $5,841 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1986
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55410, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,967 (100%) |
| Owner Occupied HU | 6,507 (72.6%) |
| Renter Occupied HU | 2,035 (22.7%) |
| Vacant Housing Units | 425 ( 4.7%) |
| Median Home Value | $648,685 |
| Average Home Value | $731,009 |
Housing Distribution
Address Breakdown
Residential
8,869
Single Family
7,605
Multi-Family
1,264
Businesses
275
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
Single Family
Built in 1986
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55410, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,967 (100%) |
| Owner Occupied HU | 6,507 (72.6%) |
| Renter Occupied HU | 2,035 (22.7%) |
| Vacant Housing Units | 425 ( 4.7%) |
| Median Home Value | $648,685 |
| Average Home Value | $731,009 |
Housing Distribution
Address Breakdown
Residential
8,869
Single Family
7,605
Multi-Family
1,264
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie R Regan • Lakes Sotheby's International Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6763937