5345 36th 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
Investment property for sale in Minneapolis at 5345 36th Ave S, Minneapolis, MN, 55417 uses $120,998 cash to close to unlock $7,431/yr annual cash flow and $619/mo monthly cash flow. Total monthly income runs $2,898/mo, and a $1,786/mo payment keeps the spread at $619/mo. Purchase price stands at $365,000, and rental yield measures 9.53% with $2,898/mo rent. Return on cash invested shows 26.05% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 135.87% and total cumulative return in cash records $164,395. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,898/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 1927
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: Jordan Hubred • Anderson Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6774451