4253 39th Ave SMinneapolisMN55406
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 Minneapolis at 4253 39th Ave S, Minneapolis, MN, 55406 generates $1,594/mo in rent and, after a $978/mo payment, leaves $346/mo in cash flow. Total monthly income is $1,594/mo, and annual cash flow is $4,154/yr on $66,267 invested. Return on cash invested sits at 26.18% in year one, and rental yield is 9.57% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 136.59% and total cumulative return in cash sums $90,517. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,594/mo property income rather than buyer’s personal income.
Single Family
Built in 1917
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55406, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,919 (100%) |
| Owner Occupied HU | 10,172 (60.1%) |
| Renter Occupied HU | 6,007 (35.5%) |
| Vacant Housing Units | 740 ( 4.4%) |
| Median Home Value | $382,362 |
| Average Home Value | $452,022 |
Housing Distribution
Address Breakdown
Residential
16,527
Single Family
12,303
Multi-Family
4,224
Businesses
979
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phil Littlefield • Northstar Real Estate Associates
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7003123