5601 Upton Ave SMinneapolisMN55410
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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 5601 Upton Ave S, Minneapolis, MN, 55410 offers a 6.66% rental yield on a $499,000 purchase with $2,771/mo rent. 41% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 89.51% and total cumulative return in cash at $148,074. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,771/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55410, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,967 (100%) |
| Owner Occupied HU | 6,507 (72.6%) |
| Renter Occupied HU | 2,035 (22.7%) |
| Vacant Housing Units | 425 ( 4.7%) |
| Median Home Value | $648,685 |
| Average Home Value | $731,009 |
Housing Distribution
Address Breakdown
Residential
8,869
Single Family
7,605
Multi-Family
1,264
Businesses
275
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Listed by: Adam Kado • Real Broker, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6797409