401 N 2nd St #5207, Minneapolis, MN, 55402 | $558/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Minneapolis at 401 N 2nd St #5207, Minneapolis, MN, 55402 generates $3,430/mo in rent and, after a $2,251/mo payment, leaves $558/mo in cash flow. Total monthly income is $3,430/mo, and annual cash flow is $6,696/yr on $152,490 invested. Return on cash invested sits at 24.3% in year one, and rental yield is 8.95% on a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 126.45% and total cumulative return in cash sums $192,817. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,430/mo property income rather than buyer’s personal income.

Condo

Built in 2005

2.01 Acres lot

$N/A/sqft

No HOA