4304 Colfax 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 4304 Colfax Ave S, Minneapolis, MN, 55409 earns from $2,474/mo rent with a $2,455/mo payment. Total monthly income totals $2,474/mo. ROI tracks 12.68% on current figures, and rental yield reads 5.92% at a $501,500 purchase. Equity gained on principal adds $3,236/yr, and 5% annual appreciation supports $138,555 over five years. Five-year ROI reaches 65.08% and total cumulative return in cash sums $107,375. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,474/mo property income instead of your personal income.
Single Family
Built in 1900
5,646 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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