3914 Sheridan Ave S #1MinneapolisMN55410
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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 3914 Sheridan Ave S #1, Minneapolis, MN, 55410 uses $139,197 cash to close to unlock $7,322/yr annual cash flow and $610/mo monthly cash flow. Total monthly income runs $3,232/mo, and a $2,055/mo payment keeps the spread at $610/mo. Purchase price stands at $419,900, and rental yield measures 9.24% with $3,232/mo rent. Return on cash invested shows 25.17% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 131.14% and total cumulative return in cash records $182,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,232/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Multi Family
Built in 1930
5,662 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
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Listed by: Margaret Lord Anderson • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6783223