5225 28th Ave SMinneapolisMN55417
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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
Total monthly income runs $2,092/mo, and a $2,104/mo payment. Purchase price stands at $429,900, and rental yield measures 5.84% with $2,092/mo rent. Return on cash invested shows 14.92% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 76.17% and total cumulative return in cash records $108,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,092/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 1924
5,227 sqft 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: Bienfait Basambila Kiziba • Algo Realty Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6806533