4234 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
Rental property for sale in Robbinsdale at 4234 Welcome Ave N, Robbinsdale, MN, 55422 generates $2,124/mo in rent and, after a $1,076/mo payment, leaves $751/mo in cash flow. Total monthly income is $2,124/mo, and annual cash flow is $9,014/yr on $72,897 invested. Return on cash invested sits at 32.27% in year one, and rental yield is 11.59% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 169.26% and total cumulative return in cash sums $123,388. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,124/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
10,454 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: Marisa Line • Pemberton RE
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6807197