4951 Newton Ave NMinneapolisMN55430
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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 Minneapolis at 4951 Newton Ave N, Minneapolis, MN, 55430 earns $816/mo cash flow from $2,408/mo rent with a $1,248/mo payment. Total monthly income totals $2,408/mo, and annual cash flow totals $9,791/yr on $84,499 capital. ROI tracks 31.5% on current figures, and rental yield reads 11.34% at a $254,900 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,424 over five years. Five-year ROI reaches 165.05% and total cumulative return in cash sums $139,464. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,408/mo property income instead of your personal income.
Single Family
Built in 1956
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55430, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,542 (100%) |
| Owner Occupied HU | 5,100 (59.7%) |
| Renter Occupied HU | 3,173 (37.1%) |
| Vacant Housing Units | 269 ( 3.1%) |
| Median Home Value | $289,186 |
| Average Home Value | $372,850 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
6,882
Multi-Family
1,758
Businesses
504
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Listed by: Taylor Smith • HOMESTEAD ROAD
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6744201