4329 Lakeland 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
Investment property for sale in Robbinsdale at 4329 Lakeland Ave N, Robbinsdale, MN, 55422 offers a 10.91% rental yield on a $342,500 purchase with $3,114/mo rent. Total monthly income registers $3,114/mo, and a $1,676/mo payment leaves $976/mo available for distribution. Annual cash flow reaches $11,707/yr on $113,539 to close, and return on cash invested stands at 30.22% in year one. Equity gained on principal adds $2,210/yr while 5% annual appreciation supports $94,626 over five years. Portfolio math shows five-year ROI at 158.22% and total cumulative return in cash at $179,639. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,114/mo property income against a $1,676/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
6,098 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: Clyde Ford Wagner • Covenant Partners LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7013731