5929 Camden Ave NBrooklyn CenterMN55430
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 Brooklyn Center at 5929 Camden Ave N, Brooklyn Center, MN, 55430 uses $82,875 cash to close to unlock $6,762/yr annual cash flow and $564/mo monthly cash flow. Total monthly income runs $2,125/mo, and a $1,224/mo payment keeps the spread at $564/mo. Purchase price stands at $250,000, and rental yield measures 10.2% with $2,125/mo rent. Return on cash invested shows 28.07% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 146.68% and total cumulative return in cash records $121,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,125/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1947
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55430, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,542 (100%) |
| Owner Occupied HU | 5,100 (59.7%) |
| Renter Occupied HU | 3,173 (37.1%) |
| Vacant Housing Units | 269 ( 3.1%) |
| Median Home Value | $289,186 |
| Average Home Value | $372,850 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
6,882
Multi-Family
1,758
Businesses
504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Artemisa Boston • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6821818