4255 1st Ave SMinneapolisMN55409
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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 Minneapolis at 4255 1st Ave S, Minneapolis, MN, 55409 uses $79,527 cash to close to unlock $1,430/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $1,617/mo, and a $1,174/mo payment keeps the spread at $119/mo. Purchase price stands at $239,900, and rental yield measures 8.09% with $1,617/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 112.62% and total cumulative return in cash records $89,563. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,617/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1916
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55409, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,506 (100%) |
| Owner Occupied HU | 3,074 (55.8%) |
| Renter Occupied HU | 2,183 (39.6%) |
| Vacant Housing Units | 249 ( 4.5%) |
| Median Home Value | $428,632 |
| Average Home Value | $503,788 |
Housing Distribution
Address Breakdown
Residential
5,331
Single Family
3,825
Multi-Family
1,506
Businesses
239
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Listed by: Brett R. Farrell • National Realty Guild
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6812406