6140 Russell Ave SMinneapolisMN55410
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6140 Russell Ave S, Minneapolis, MN, 55410 in Minneapolis speaks for itself: 13.87% gross on a $425,000 price, generating $4,914/mo in rent and $2,256/mo in net income after the $1,911/mo debt service. DSCR 2.57, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $27,074 stacks alongside $117,420 in projected five-year appreciation and $3,914/yr in principal reduction. Projected total cumulative return: $306,491.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.9% | 4.8% |
| Monthly Cash Flow | $2,256 | $850 |
City averages based on Minneapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,914 |
| Total Monthly Debt Service | $2,489 |
| DSCR Ratio | 1.97x |
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 1965
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55410, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,967 (100%) |
| Owner Occupied HU | 6,507 (72.6%) |
| Renter Occupied HU | 2,035 (22.7%) |
| Vacant Housing Units | 425 ( 4.7%) |
| Median Home Value | $648,685 |
| Average Home Value | $731,009 |
Housing Distribution
Address Breakdown
Residential
8,869
Single Family
7,605
Multi-Family
1,264
Businesses
275
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 1965
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55410, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,967 (100%) |
| Owner Occupied HU | 6,507 (72.6%) |
| Renter Occupied HU | 2,035 (22.7%) |
| Vacant Housing Units | 425 ( 4.7%) |
| Median Home Value | $648,685 |
| Average Home Value | $731,009 |
Housing Distribution
Address Breakdown
Residential
8,869
Single Family
7,605
Multi-Family
1,264
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices