6330-6332 Xerxes Ave SMinneapolisMN55423
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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
Total monthly income runs $3,196/mo, and a $3,177/mo payment. Purchase price stands at $649,000, and rental yield measures 5.91% with $3,196/mo rent. Return on cash invested shows 15.24% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 77.85% and total cumulative return in cash records $166,236. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,196/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Multi Family
Built in 1956
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55423, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,808 (100%) |
| Owner Occupied HU | 9,381 (52.7%) |
| Renter Occupied HU | 7,341 (41.2%) |
| Vacant Housing Units | 1,086 ( 6.1%) |
| Median Home Value | $351,679 |
| Average Home Value | $389,345 |
Housing Distribution
Address Breakdown
Residential
16,892
Single Family
10,466
Multi-Family
6,426
Businesses
704
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Listed by: Bessie Giannakakis • Bridge Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7005922