3912 Foss Rd APT 206MinneapolisMN55421
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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 3912 Foss Rd APT 206, Minneapolis, MN, 55421 listed at $107,500 pairs $1,177/mo rent with a $526/mo payment to leave $506/mo cash flow. Total monthly income runs $1,177/mo, and annual cash flow reaches $6,071/yr on $35,636 cash to close. Return on cash invested measures 36.94% in year one, and rental yield registers 13.14% at a $107,500 basis. Equity gained on principal adds $694/yr, and annual property appreciation at 5% supports $29,700 by year five. Five-year ROI tracks 194.28% and total cumulative return in cash totals $69,235. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,177/mo property income relative to a $526/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55421, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,880 (100%) |
| Owner Occupied HU | 7,201 (51.9%) |
| Renter Occupied HU | 5,970 (43.0%) |
| Vacant Housing Units | 709 ( 5.1%) |
| Median Home Value | $307,043 |
| Average Home Value | $316,918 |
Housing Distribution
Address Breakdown
Residential
12,784
Single Family
8,270
Multi-Family
4,514
Businesses
647
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Listed by: Success Home Team • Keller Williams Select Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6785368