4720 Nicollet AveMinneapolisMN55419
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 4720 Nicollet Ave, Minneapolis, MN, 55419 in Minneapolis is straightforward: $198,795 in, $1,722/mo in rent, $481/mo out after debt service. The 10.39% gross yield and 1.93 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $54,923 by year five. With $1,831/yr in principal equity, the total cumulative return is projected at $106,367.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 4.8% |
| Monthly Cash Flow | $481 | $850 |
City averages based on Minneapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,722 |
| Total Monthly Debt Service | $1,162 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1925
5,662 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
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
Condo
Built in 1925
5,662 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: Lana Cook • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6798160