3851 Aldrich Ave NMinneapolisMN55412
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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 3851 Aldrich Ave N, Minneapolis, MN, 55412 earns $915/mo cash flow from $2,026/mo rent with a $871/mo payment. Total monthly income totals $2,026/mo, and annual cash flow totals $10,978/yr on $58,974 capital. ROI tracks 38.52% on current figures, and rental yield reads 13.67% at a $177,900 purchase. Equity gained on principal adds $1,148/yr, and 5% annual appreciation supports $49,150 over five years. Five-year ROI reaches 202.74% and total cumulative return in cash sums $119,561. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,026/mo property income instead of your personal income.
Multi Family
Built in 1916
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: Cory Rudnitski • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7010799