6812 Quail 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 6812 Quail Ave N, Brooklyn Center, MN, 55429 uses $102,732 cash to close to unlock $6,308/yr annual cash flow and $526/mo monthly cash flow. Total monthly income runs $2,461/mo, and a $1,517/mo payment keeps the spread at $526/mo. Purchase price stands at $309,900, and rental yield measures 9.53% with $2,461/mo rent. Return on cash invested shows 26.05% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 135.85% and total cumulative return in cash records $139,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,461/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.33 Acres 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: Gary L Luke • Luke Team Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6796539