5660 Elmhurst Ave NCrystalMN55428
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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 Crystal at 5660 Elmhurst Ave N, Crystal, MN, 55428 uses $72,897 cash to close to unlock $1,694/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $1,514/mo, and a $1,076/mo payment keeps the spread at $141/mo. Purchase price stands at $219,900, and rental yield measures 8.26% with $1,514/mo rent. Return on cash invested shows 22.23% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 115.43% and total cumulative return in cash records $84,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,514/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55428, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,649 (100%) |
| Owner Occupied HU | 6,926 (54.8%) |
| Renter Occupied HU | 5,227 (41.3%) |
| Vacant Housing Units | 496 ( 3.9%) |
| Median Home Value | $314,013 |
| Average Home Value | $337,826 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
8,677
Multi-Family
3,773
Businesses
1,083
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