5913 Pillsbury Ave SMinneapolisMN55419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5913 Pillsbury Ave S, Minneapolis, MN, 55419 uses $132,567 cash to close to unlock $698/yr annual cash flow and $58/mo monthly cash flow. Total monthly income runs $2,555/mo, and a $1,957/mo payment keeps the spread at $58/mo. Purchase price stands at $399,900, and rental yield measures 7.67% with $2,555/mo rent. Return on cash invested shows 20.44% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 105.76% and total cumulative return in cash records $140,204. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,555/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1949
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55419, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,125 (100%) |
| Owner Occupied HU | 8,073 (72.6%) |
| Renter Occupied HU | 2,657 (23.9%) |
| Vacant Housing Units | 395 ( 3.6%) |
| Median Home Value | $528,199 |
| Average Home Value | $599,489 |
Housing Distribution
Address Breakdown
Residential
11,040
Single Family
9,582
Multi-Family
1,458
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca L Simonton • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7014189