5141 Penn 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 5141 Penn Ave N, Minneapolis, MN, 55430 offers a 8.36% rental yield on a $234,500 purchase with $1,634/mo rent. Total monthly income registers $1,634/mo, and a $1,148/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,033/yr on $77,737 to close, and return on cash invested stands at 22.52% in year one. Equity gained on principal adds $1,513/yr while 5% annual appreciation supports $64,788 over five years. Portfolio math shows five-year ROI at 116.97% and total cumulative return in cash at $90,928. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,634/mo property income against a $1,148/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
4,791 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: Jason P Stockwell • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6748403