4217 Washington St NEColumbia HeightsMN55421
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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 Columbia Heights at 4217 Washington St NE, Columbia Heights, MN, 55421 earns $147/mo cash flow from $1,458/mo rent with a $1,028/mo payment. Total monthly income totals $1,458/mo, and annual cash flow totals $1,758/yr on $69,615 capital. ROI tracks 22.43% on current figures, and rental yield reads 8.33% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 116.5% and total cumulative return in cash sums $81,100. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,458/mo property income instead of your personal income.
Single Family
Built in 1914
4,704 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55421, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,880 (100%) |
| Owner Occupied HU | 7,201 (51.9%) |
| Renter Occupied HU | 5,970 (43.0%) |
| Vacant Housing Units | 709 ( 5.1%) |
| Median Home Value | $307,043 |
| Average Home Value | $316,918 |
Housing Distribution
Address Breakdown
Residential
12,784
Single Family
8,270
Multi-Family
4,514
Businesses
647
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Listed by: Renee L. Miller, GRI • Keller Williams Classic Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6801050