4644 Lyndale Ave SMinneapolisMN55419
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 4644 Lyndale Ave S, Minneapolis, MN, 55419 priced at $579,900 converts $4,302/mo rent into $681/mo cash flow after a $2,838/mo obligation. Total monthly income equals $4,302/mo, and annual cash flow totals $8,174/yr on $190,787 invested. Return on cash invested prints 24.34% in year one, and rental yield reads 8.9% against a $579,900 entry. Equity gained on principal adds $3,742/yr, while 5% annual appreciation compiles into $160,216 by year five. Five-year ROI reaches 126.69% and total cumulative return in cash sums $241,705. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,302/mo property income covering a $2,838/mo payment, not borrower’s personal income.
Single Family
Built in 1924
4,791 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
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Listed by: Rodolfo G Trujillo • Trust Realty, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6751782