6400 Bethia LnMinneapolisMN55428
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 Minneapolis at 6400 Bethia Ln, Minneapolis, MN, 55428 uses $115,196 cash to close to unlock $8,447/yr annual cash flow and $704/mo monthly cash flow. Total monthly income runs $2,874/mo, and a $1,701/mo payment keeps the spread at $704/mo. Purchase price stands at $347,500, and rental yield measures 9.92% with $2,874/mo rent. Return on cash invested shows 27.24% in year one, and 5% annual appreciation builds toward $96,008 over five years. Five-year ROI reaches 142.23% and total cumulative return in cash records $163,845. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,874/mo property income covering a $1,701/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.44 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Foltynski • Ashworth Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6776707