4625 Nicollet Ave APT 5MinneapolisMN55419
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
Rental property for sale in Minneapolis at 4625 Nicollet Ave APT 5, Minneapolis, MN, 55419 generates $1,172/mo in rent and, after a $715/mo payment, leaves $260/mo in cash flow. Total monthly income is $1,172/mo, and annual cash flow is $3,119/yr on $48,399 invested. Return on cash invested sits at 26.35% in year one, and rental yield is 9.63% on a $146,000 entry. Equity gained on principal adds $942/yr, while 5% annual appreciation builds toward $40,337 over five years. Five-year ROI reaches 137.45% and total cumulative return in cash sums $66,526. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,172/mo property income rather than buyer’s personal income.
Condo
Built in 1931
6,795 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55419, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,125 (100%) |
| Owner Occupied HU | 8,073 (72.6%) |
| Renter Occupied HU | 2,657 (23.9%) |
| Vacant Housing Units | 395 ( 3.6%) |
| Median Home Value | $528,199 |
| Average Home Value | $599,489 |
Housing Distribution
Address Breakdown
Residential
11,040
Single Family
9,582
Multi-Family
1,458
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jack Ditzler • Engel & Volkers Minneapolis Downtown
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6820671