710 N 4th St UNIT 207MinneapolisMN55401
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 710 N 4th St UNIT 207, Minneapolis, MN, 55401 uses $120,069 cash to close to unlock $18,408/yr annual cash flow and $1,534/mo monthly cash flow. Total monthly income runs $3,796/mo, and a $1,773/mo payment keeps the spread at $1,534/mo. Purchase price stands at $362,200, and rental yield measures 12.58% with $3,796/mo rent. Return on cash invested shows 35.24% in year one, and 5% annual appreciation builds toward $100,069 over five years. Five-year ROI reaches 185.17% and total cumulative return in cash records $222,328. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,796/mo property income covering a $1,773/mo payment rather than investor’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55401, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,182 (100%) |
| Owner Occupied HU | 2,338 (23.0%) |
| Renter Occupied HU | 6,469 (63.5%) |
| Vacant Housing Units | 1,375 (13.5%) |
| Median Home Value | $517,450 |
| Average Home Value | $602,631 |
Housing Distribution
Address Breakdown
Residential
9,187
Single Family
460
Multi-Family
8,727
Businesses
983
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A