503 S 10th StMinneapolisMN55404
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 503 S 10th St, Minneapolis, MN, 55404 offers a 3.09% rental yield on a $581,800 purchase with $1,500/mo rent. 36% in year one. Equity gained on principal adds $3,754/yr while 5% annual appreciation supports $160,741 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $2,848/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
$1,284 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55404, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 1,900 (12.8%) |
| Renter Occupied HU | 11,810 (79.7%) |
| Vacant Housing Units | 1,112 ( 7.5%) |
| Median Home Value | $382,258 |
| Average Home Value | $436,368 |
Housing Distribution
Address Breakdown
Residential
14,495
Single Family
2,085
Multi-Family
12,410
Businesses
807
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah E Polovitz • Compass
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6770319
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-13 06:33:14 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#28) By searching NorthstarMLS listings you agree to the [NorthstarMLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)