730 N 4th St UNIT 412MinneapolisMN55401
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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 Minneapolis at 730 N 4th St UNIT 412, Minneapolis, MN, 55401 uses $127,628 cash to close to unlock $8,115/yr annual cash flow and $676/mo monthly cash flow. Total monthly income runs $3,080/mo, and a $1,884/mo payment keeps the spread at $676/mo. Purchase price stands at $385,000, and rental yield measures 9.6% with $3,080/mo rent. Return on cash invested shows 26.27% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 137.03% and total cumulative return in cash records $174,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,080/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Condo
Built in 2007
2.08 Acres 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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Listed by: Herman S Antonov • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6820144