590 36th Ave NEMinneapolisMN55418
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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 590 36th Ave NE, Minneapolis, MN, 55418 earns $784/mo cash flow from $3,125/mo rent with a $1,835/mo payment. Total monthly income totals $3,125/mo, and annual cash flow totals $9,405/yr on $124,313 capital. ROI tracks 27.47% on current figures, and rental yield reads 10% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 143.49% and total cumulative return in cash sums $178,371. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,125/mo property income instead of your personal income.
Single Family
Built in 1956
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55418, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,851 (100%) |
| Owner Occupied HU | 8,755 (59.0%) |
| Renter Occupied HU | 5,369 (36.2%) |
| Vacant Housing Units | 727 ( 4.9%) |
| Median Home Value | $369,763 |
| Average Home Value | $424,893 |
Housing Distribution
Address Breakdown
Residential
14,467
Single Family
11,390
Multi-Family
3,077
Businesses
908
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Listed by: Bryan Clapper • Maker Real Estate LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6783633