4831 Sheridan 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 4831 Sheridan Ave S, Minneapolis, MN, 55410 priced at $1,650,000 converts $5,296/mo rent into after a $8,076/mo obligation. Total monthly income equals $5,296/mo. Return on cash invested prints 9.13% in year one, and rental yield reads 3.85% against a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation compiles into $455,865 by year five. Five-year ROI reaches 45.01% and total cumulative return in cash sums $240,641. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,296/mo property income covering a $8,076/mo payment, not borrower’s personal income.
Single Family
Built in 1927
0.28 Acres 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: Peter Prudden • Prudden & Company
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6795026