4341 Monroe St NEColumbia HeightsMN55421
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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
Rental property for sale in Columbia Heights at 4341 Monroe St NE, Columbia Heights, MN, 55421 generates $3,185/mo in rent and, after a $1,786/mo payment, leaves $906/mo in cash flow. Total monthly income is $3,185/mo, and annual cash flow is $10,877/yr on $120,964 invested. Return on cash invested sits at 28.9% in year one, and rental yield is 10.47% on a $364,900 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 151.15% and total cumulative return in cash sums $182,832. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,185/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
4,965 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55421, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,880 (100%) |
| Owner Occupied HU | 7,201 (51.9%) |
| Renter Occupied HU | 5,970 (43.0%) |
| Vacant Housing Units | 709 ( 5.1%) |
| Median Home Value | $307,043 |
| Average Home Value | $316,918 |
Housing Distribution
Address Breakdown
Residential
12,784
Single Family
8,270
Multi-Family
4,514
Businesses
647
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Listed by: Christopher Yortsos • VIBE Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6825363