5307 Newton Ave NBrooklyn CenterMN55430
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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 Brooklyn Center at 5307 Newton Ave N, Brooklyn Center, MN, 55430 uses $129,285 cash to close to unlock $1,206/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $2,536/mo, and a $1,909/mo payment keeps the spread at $101/mo. Purchase price stands at $390,000, and rental yield measures 7.8% with $2,536/mo rent. Return on cash invested shows 20.84% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 107.94% and total cumulative return in cash records $139,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,536/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 1957
8,712 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: Shara Lauren Schmidt • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6787748