602 19th Ave SMinneapolisMN55454
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 602 19th Ave S, Minneapolis, MN, 55454 in Minneapolis. Priced at $335,000, it generates $3,802/mo in gross rent and $1,710/mo in net monthly cash flow, a 13.62% yield that comfortably supports the 2.52 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $20,516. Five-year appreciation: $92,554. Equity from principal paydown: $3,085/yr. Total projected cumulative return: $237,181.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.6% | 4.8% |
| Monthly Cash Flow | $1,710 | $850 |
City averages based on Minneapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,802 |
| Total Monthly Debt Service | $1,959 |
| DSCR Ratio | 1.94x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1994
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55454, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,676 (100%) |
| Owner Occupied HU | 245 ( 6.7%) |
| Renter Occupied HU | 3,205 (87.2%) |
| Vacant Housing Units | 226 ( 6.1%) |
| Median Home Value | $182,609 |
| Average Home Value | $317,628 |
Housing Distribution
Address Breakdown
Residential
3,678
Single Family
295
Multi-Family
3,383
Businesses
162
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
Single Family
Built in 1994
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55454, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,676 (100%) |
| Owner Occupied HU | 245 ( 6.7%) |
| Renter Occupied HU | 3,205 (87.2%) |
| Vacant Housing Units | 226 ( 6.1%) |
| Median Home Value | $182,609 |
| Average Home Value | $317,628 |
Housing Distribution
Address Breakdown
Residential
3,678
Single Family
295
Multi-Family
3,383
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices