4710 58th Ave N APT 221CrystalMN55429
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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 Crystal at 4710 58th Ave N APT 221, Crystal, MN, 55429 uses $41,438 cash to close to unlock $2,595/yr annual cash flow and $216/mo monthly cash flow. Total monthly income runs $997/mo, and a $612/mo payment keeps the spread at $216/mo. Purchase price stands at $125,000, and rental yield measures 9.57% with $997/mo rent. Return on cash invested shows 26.17% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 136.58% and total cumulative return in cash records $56,597. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $997/mo property income covering a $612/mo payment rather than investor’s personal income.
Condo
Built in 1979
4.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55429, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,563 (100%) |
| Owner Occupied HU | 5,911 (56.0%) |
| Renter Occupied HU | 4,372 (41.4%) |
| Vacant Housing Units | 280 ( 2.7%) |
| Median Home Value | $292,784 |
| Average Home Value | $349,801 |
Housing Distribution
Address Breakdown
Residential
10,664
Single Family
7,143
Multi-Family
3,521
Businesses
562
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