4904 15th Ave SMinneapolisMN55417
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play4904 15th Ave S, Minneapolis, MN, 55417 in Minneapolis is priced for appreciation, not yield. Rental yield 5.42%. At $600,000 with a 5.42% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $165,769 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $160,796.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 4.8% |
| Monthly Cash Flow | $(1,038) | $850 |
City averages based on Minneapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,708 |
| Total Monthly Debt Service | $3,508 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1930
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55417, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,066 (100%) |
| Owner Occupied HU | 8,465 (76.5%) |
| Renter Occupied HU | 2,252 (20.4%) |
| Vacant Housing Units | 349 ( 3.2%) |
| Median Home Value | $394,942 |
| Average Home Value | $455,862 |
Housing Distribution
Address Breakdown
Residential
11,322
Single Family
9,913
Multi-Family
1,409
Businesses
324
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
Single Family
Built in 1930
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55417, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,066 (100%) |
| Owner Occupied HU | 8,465 (76.5%) |
| Renter Occupied HU | 2,252 (20.4%) |
| Vacant Housing Units | 349 ( 3.2%) |
| Median Home Value | $394,942 |
| Average Home Value | $455,862 |
Housing Distribution
Address Breakdown
Residential
11,322
Single Family
9,913
Multi-Family
1,409
Businesses
324
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Vaysberg • West and Main Homes MN
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7014505