62 115th Ln NE #465, Minneapolis, MN, 55434 | $191/mo Cash Flow

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Minneapolis at 62 115th Ln NE #465, Minneapolis, MN, 55434 offers a 9.06% rental yield on a $145,900 purchase with $1,102/mo rent. Total monthly income registers $1,102/mo, and a $714/mo payment leaves $191/mo available for distribution. Annual cash flow reaches $2,292/yr on $48,366 to close, and return on cash invested stands at 24.65% in year one. Equity gained on principal adds $941/yr while 5% annual appreciation supports $40,309 over five years. Portfolio math shows five-year ROI at 128.45% and total cumulative return in cash at $62,127. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,102/mo property income against a $714/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2025

N/A lot

$N/A/sqft

No HOA