4000 Queen 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 4000 Queen Ave N, Minneapolis, MN, 55412 uses $91,129 cash to close to unlock $2,255/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $1,904/mo, and a $1,346/mo payment keeps the spread at $188/mo. Purchase price stands at $274,900, and rental yield measures 8.31% with $1,904/mo rent. Return on cash invested shows 22.38% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 116.19% and total cumulative return in cash records $105,879. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,904/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2001
4,791 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: LaDonna M Young • Wonderland Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7000839