401 N 2nd St #5620, Minneapolis, MN, 55402 | 7.01% Rental Yield

For Sale

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

Investment property for sale in Minneapolis at 401 N 2nd St #5620, Minneapolis, MN, 55402 earns from $2,629/mo rent with a $2,203/mo payment. Total monthly income totals $2,629/mo. ROI tracks 18.45% on current figures, and rental yield reads 7.01% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 95.09% and total cumulative return in cash sums $141,858. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,629/mo property income instead of your personal income.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA