4634 Thomas Ave NMinneapolisMN55412
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 4634 Thomas Ave N, Minneapolis, MN, 55412 listed at $169,900 pairs $1,734/mo rent with a $832/mo payment to leave $673/mo cash flow. Total monthly income runs $1,734/mo, and annual cash flow reaches $8,072/yr on $56,322 cash to close. Return on cash invested measures 34.24% in year one, and rental yield registers 12.25% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 179.83% and total cumulative return in cash totals $101,282. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,734/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
5,166 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55412, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,813 (100%) |
| Owner Occupied HU | 5,388 (61.1%) |
| Renter Occupied HU | 2,946 (33.4%) |
| Vacant Housing Units | 479 ( 5.4%) |
| Median Home Value | $300,000 |
| Average Home Value | $354,680 |
Housing Distribution
Address Breakdown
Residential
8,658
Single Family
7,801
Multi-Family
857
Businesses
216
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Benjamin T Daniels • Lakes Area Realty G.V.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6778177