4728 Washburn Ave SMinneapolisMN55410
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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
Rental property for sale in Minneapolis at 4728 Washburn Ave S, Minneapolis, MN, 55410 generates $4,354/mo in rent and, after a $3,377/mo payment, leaves $46/mo in cash flow. Total monthly income is $4,354/mo, and annual cash flow is $546/yr on $227,010 invested. Return on cash invested sits at 20.3% in year one, and rental yield is 7.57% on a $690,000 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 104.98% and total cumulative return in cash sums $238,316. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,354/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55410, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,967 (100%) |
| Owner Occupied HU | 6,507 (72.6%) |
| Renter Occupied HU | 2,035 (22.7%) |
| Vacant Housing Units | 425 ( 4.7%) |
| Median Home Value | $648,685 |
| Average Home Value | $731,009 |
Housing Distribution
Address Breakdown
Residential
8,869
Single Family
7,605
Multi-Family
1,264
Businesses
275
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Listed by: James E Garry • Redfin Corporation
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6816080