7016 Unity Ave NBrooklyn CenterMN55429
INVESTMENT ANALYSIS
Investment Verdict
Solid Income7016 Unity Ave N, Brooklyn Center, MN, 55429 in Brooklyn Center is a solid income-producing rental, 9.51% gross yield, $1,386/mo rent, $294/mo net cash flow on a $174,900 buy. DSCR 1.76 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $48,322 and $1,611/yr in principal reduction project a total cumulative return of $85,309.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.0% |
| Monthly Cash Flow | $294 | $350 |
City averages based on Brooklyn Center market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,386 |
| Total Monthly Debt Service | $1,023 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1979
3,484 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
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
Townhouse
Built in 1979
3,484 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Rohlf • Keller Williams Realty Integrity Lakes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6756865