609 82nd Ave NBrooklyn ParkMN55444
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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 Brooklyn Park at 609 82nd Ave N, Brooklyn Park, MN, 55444 uses $99,119 cash to close to unlock $11,896/yr annual cash flow and $991/mo monthly cash flow. Total monthly income runs $2,858/mo, and a $1,463/mo payment keeps the spread at $991/mo. Purchase price stands at $299,000, and rental yield measures 11.47% with $2,858/mo rent. Return on cash invested shows 31.91% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 167.31% and total cumulative return in cash records $165,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,858/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55444, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,065 (100%) |
| Owner Occupied HU | 4,290 (84.7%) |
| Renter Occupied HU | 693 (13.7%) |
| Vacant Housing Units | 82 ( 1.6%) |
| Median Home Value | $340,860 |
| Average Home Value | $431,717 |
Housing Distribution
Address Breakdown
Residential
5,421
Single Family
5,421
Multi-Family
0
Businesses
102
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Listed by: Kent W LeFevre • Pathways Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6810676