433 S 7th St APT 1624MinneapolisMN55415
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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 433 S 7th St APT 1624, Minneapolis, MN, 55415 listed at $102,500 pairs $2,260/mo rent with a $502/mo payment to leave $1,620/mo cash flow. Total monthly income runs $2,260/mo, and annual cash flow reaches $19,435/yr on $33,979 cash to close. Return on cash invested measures 77.11% in year one, and rental yield registers 26.46% at a $102,500 basis. Equity gained on principal adds $661/yr, and annual property appreciation at 5% supports $28,319 by year five. Five-year ROI tracks 409.69% and total cumulative return in cash totals $139,209. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,260/mo property income relative to a $502/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55415, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,966 (100%) |
| Owner Occupied HU | 1,010 (20.3%) |
| Renter Occupied HU | 3,097 (62.4%) |
| Vacant Housing Units | 859 (17.3%) |
| Median Home Value | $647,758 |
| Average Home Value | $745,526 |
Housing Distribution
Address Breakdown
Residential
4,092
Single Family
120
Multi-Family
3,972
Businesses
388
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A