4012 Welcome Ave NRobbinsdaleMN55422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Robbinsdale at 4012 Welcome Ave N, Robbinsdale, MN, 55422 uses $86,190 cash to close to unlock $10,968/yr annual cash flow and $914/mo monthly cash flow. Total monthly income runs $2,538/mo, and a $1,273/mo payment keeps the spread at $914/mo. Purchase price stands at $260,000, and rental yield measures 11.71% with $2,538/mo rent. Return on cash invested shows 32.63% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 171.14% and total cumulative return in cash records $147,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,538/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1960
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55422, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,090 (100%) |
| Owner Occupied HU | 8,674 (66.3%) |
| Renter Occupied HU | 3,919 (29.9%) |
| Vacant Housing Units | 497 ( 3.8%) |
| Median Home Value | $367,824 |
| Average Home Value | $441,543 |
Housing Distribution
Address Breakdown
Residential
12,826
Single Family
9,956
Multi-Family
2,870
Businesses
656
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Zaker • Real Broker, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6773726