5018 Russell Ave NMinneapolisMN55430
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Minneapolis rentals match the income profile of 5018 Russell Ave N, Minneapolis, MN, 55430. Listed at $284,900, gross rent is $2,418/mo and net cash flow is $639/mo, a 10.18% yield well above national averages. DSCR 1.89 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $78,713 by year five with $2,624/yr in annual principal reduction, projecting $149,258 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 4.8% |
| Monthly Cash Flow | $639 | $850 |
City averages based on Minneapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,418 |
| Total Monthly Debt Service | $1,666 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1953
6,534 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
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 1953
6,534 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Nguyen • HOMESTEAD ROAD
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7002989