4430 W Lake Harriet Pkwy APT 405MinneapolisMN55410
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 Minneapolis at 4430 W Lake Harriet Pkwy APT 405, Minneapolis, MN, 55410 earns $336/mo cash flow from $1,507/mo rent with a $918/mo payment. Total monthly income totals $1,507/mo, and annual cash flow totals $4,030/yr on $62,156 capital. ROI tracks 26.39% on current figures, and rental yield reads 9.64% at a $187,500 purchase. Equity gained on principal adds $1,210/yr, and 5% annual appreciation supports $51,803 over five years. Five-year ROI reaches 137.68% and total cumulative return in cash sums $85,579. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,507/mo property income instead of your personal income.
Condo
Built in 1958
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Sanchez, GRI • White Bear Lake Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6781648