6216 Winnetka Ave NBrooklyn ParkMN55428
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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 6216 Winnetka Ave N, Brooklyn Park, MN, 55428 earns $841/mo cash flow from $3,089/mo rent with a $1,762/mo payment. Total monthly income totals $3,089/mo, and annual cash flow totals $10,092/yr on $119,337 capital. ROI tracks 28.37% on current figures, and rental yield reads 10.3% at a $359,990 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,459 over five years. Five-year ROI reaches 148.31% and total cumulative return in cash sums $176,982. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,089/mo property income instead of your personal income.
Single Family
Built in 1957
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55428, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,649 (100%) |
| Owner Occupied HU | 6,926 (54.8%) |
| Renter Occupied HU | 5,227 (41.3%) |
| Vacant Housing Units | 496 ( 3.9%) |
| Median Home Value | $314,013 |
| Average Home Value | $337,826 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
8,677
Multi-Family
3,773
Businesses
1,083
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Listed by: Kelly Beck • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7008572