4228 5th 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 4228 5th St NE, Columbia Heights, MN, 55421 listed at $324,999 pairs $2,323/mo rent with a $1,591/mo payment to leave $293/mo cash flow. Total monthly income runs $2,323/mo, and annual cash flow reaches $3,519/yr on $107,737 cash to close. Return on cash invested measures 23.18% in year one, and rental yield registers 8.58% at a $324,999 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,791 by year five. Five-year ROI tracks 120.46% and total cumulative return in cash totals $129,781. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,323/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
5,227 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: Mary Rooney • Counselor Realty, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6796945