6506 Unity Ave NBrooklyn CenterMN55429
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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 Center at 6506 Unity Ave N, Brooklyn Center, MN, 55429 offers a 9.15% rental yield on a $324,000 purchase with $2,470/mo rent. Total monthly income registers $2,470/mo, and a $1,586/mo payment leaves $447/mo available for distribution. Annual cash flow reaches $5,359/yr on $107,406 to close, and return on cash invested stands at 24.9% in year one. Equity gained on principal adds $2,091/yr while 5% annual appreciation supports $89,515 over five years. Portfolio math shows five-year ROI at 129.68% and total cumulative return in cash at $139,283. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,470/mo property income against a $1,586/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
10,454 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: Svitlana Moore • Chasing Dreams Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7007039