5000 N 6th StMinneapolisMN55430
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
Investment Highlights
Investment property for sale in Minneapolis at 5000 N 6th St, Minneapolis, MN, 55430 earns from $1,068/mo rent with a $658/mo payment. Total monthly income totals $1,068/mo. ROI tracks 18.45% on current figures, and rental yield reads 9.53% at a $134,500 purchase. Equity gained on principal adds $868/yr, and 5% annual appreciation supports $37,160 over five years. Five-year ROI reaches 97.86% and total cumulative return in cash sums $43,632. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,068/mo property income instead of your personal income.
Townhouse
Built in 1949
2,613 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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Nearby investment properties with comparable prices
Listed by: Angela Carlson Team • Keller Williams Classic Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6689445
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