5130 Hiawatha Ave APT 1MinneapolisMN55417
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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 5130 Hiawatha Ave APT 1, Minneapolis, MN, 55417 earns $264/mo cash flow from $1,200/mo rent with a $734/mo payment. Total monthly income totals $1,200/mo, and annual cash flow totals $3,162/yr on $49,725 capital. ROI tracks 26.27% on current figures, and rental yield reads 9.6% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 137.04% and total cumulative return in cash sums $68,142. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,200/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55417, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,066 (100%) |
| Owner Occupied HU | 8,465 (76.5%) |
| Renter Occupied HU | 2,252 (20.4%) |
| Vacant Housing Units | 349 ( 3.2%) |
| Median Home Value | $394,942 |
| Average Home Value | $455,862 |
Housing Distribution
Address Breakdown
Residential
11,322
Single Family
9,913
Multi-Family
1,409
Businesses
324
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Listed by: Karen L Lanz • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6809622