6313 Vera Cruz Ln NBrooklyn ParkMN55429
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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 6313 Vera Cruz Ln N, Brooklyn Park, MN, 55429 earns $727/mo cash flow from $1,975/mo rent with a $978/mo payment. Total monthly income totals $1,975/mo, and annual cash flow totals $8,726/yr on $66,267 capital. ROI tracks 33.08% on current figures, and rental yield reads 11.86% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 173.59% and total cumulative return in cash sums $115,033. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,975/mo property income instead of your personal income.
Townhouse
Built in 1992
3,049 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
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Listed by: Nam Hoang Nguyen • Pemberton RE
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7010247