6236 Major Ave NBrooklyn CenterMN55429
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
Investment Highlights
Investment property for sale in Brooklyn Center at 6236 Major Ave N, Brooklyn Center, MN, 55429 listed at $175,000 pairs $2,381/mo rent with a $857/mo payment to leave $1,114/mo cash flow. Total monthly income runs $2,381/mo, and annual cash flow reaches $13,365/yr on $58,013 cash to close. Return on cash invested measures 42.95% in year one, and rental yield registers 16.33% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 227.78% and total cumulative return in cash totals $132,139. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,381/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
10,191 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55429, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,563 (100%) |
| Owner Occupied HU | 5,911 (56.0%) |
| Renter Occupied HU | 4,372 (41.4%) |
| Vacant Housing Units | 280 ( 2.7%) |
| Median Home Value | $292,784 |
| Average Home Value | $349,801 |
Housing Distribution
Address Breakdown
Residential
10,664
Single Family
7,143
Multi-Family
3,521
Businesses
562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A