401 N 2nd St #317MinneapolisMN55402








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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 401 N 2nd St #317, Minneapolis, MN, 55402 earns $554/mo cash flow from $3,270/mo rent with a $2,129/mo payment. Total monthly income totals $3,270/mo, and annual cash flow totals $6,647/yr on $144,169 capital. ROI tracks 24.52% on current figures, and rental yield reads 9.02% at a $434,900 purchase. Equity gained on principal adds $2,806/yr, and 5% annual appreciation supports $120,155 over five years. Five-year ROI reaches 127.63% and total cumulative return in cash sums $184,001. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,270/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Daniel G Dietl • BRIX Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7006488








