5050 Emerson 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 5050 Emerson Ave N, Minneapolis, MN, 55430 at $295,000 posts ROI 31.49% with $944/mo cash flow from $2,786/mo rent. Total monthly income equals $2,786/mo, and annual cash flow records $11,325/yr on $97,793 to close. Return on cash invested measures 31.49% and rental yield reads 11.33% at the current $295,000. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 by year five. Five-year ROI prints 165.02% and total cumulative return in cash totals $161,378.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,786/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
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: Jeffrey Hagel • Jeff Hagel
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6822805