5816 42nd Ave NRobbinsdaleMN55422
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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 Robbinsdale at 5816 42nd Ave N, Robbinsdale, MN, 55422 uses $106,577 cash to close to unlock $5,268/yr annual cash flow and $439/mo monthly cash flow. Total monthly income runs $2,447/mo, and a $1,574/mo payment keeps the spread at $439/mo. Purchase price stands at $321,500, and rental yield measures 9.13% with $2,447/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $88,825 over five years. Five-year ROI reaches 129.41% and total cumulative return in cash records $137,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,447/mo property income covering a $1,574/mo payment rather than investor’s personal income.
Single Family
Built in 1927
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55422, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,090 (100%) |
| Owner Occupied HU | 8,674 (66.3%) |
| Renter Occupied HU | 3,919 (29.9%) |
| Vacant Housing Units | 497 ( 3.8%) |
| Median Home Value | $367,824 |
| Average Home Value | $441,543 |
Housing Distribution
Address Breakdown
Residential
12,826
Single Family
9,956
Multi-Family
2,870
Businesses
656
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Listed by: Amina • National Realty Guild
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6767630