4416 Thomas Ave SMinneapolisMN55410
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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 4416 Thomas Ave S, Minneapolis, MN, 55410 earns from $3,594/mo rent with a $6,289/mo payment. Total monthly income totals $3,594/mo. ROI tracks 7.6% on current figures, and rental yield reads 3.36% at a $1,285,000 purchase. Equity gained on principal adds $8,292/yr, and 5% annual appreciation supports $355,022 over five years. Five-year ROI reaches 36.83% and total cumulative return in cash sums $153,334. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,594/mo property income instead of your personal income.
Single Family
Built in 2013
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55410, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,967 (100%) |
| Owner Occupied HU | 6,507 (72.6%) |
| Renter Occupied HU | 2,035 (22.7%) |
| Vacant Housing Units | 425 ( 4.7%) |
| Median Home Value | $648,685 |
| Average Home Value | $731,009 |
Housing Distribution
Address Breakdown
Residential
8,869
Single Family
7,605
Multi-Family
1,264
Businesses
275
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Listed by: Susan A Wahman • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6770892