730 Stinson Blvd UNIT 320MinneapolisMN55413
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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
Rental property for sale in Minneapolis at 730 Stinson Blvd UNIT 320, Minneapolis, MN, 55413 generates $1,459/mo in rent and, after a $929/mo payment, leaves $274/mo in cash flow. Total monthly income is $1,459/mo, and annual cash flow is $3,284/yr on $62,952 invested. Return on cash invested sits at 25.12% in year one, and rental yield is 9.22% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 130.91% and total cumulative return in cash sums $82,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,459/mo property income rather than buyer’s personal income.
Condo
Built in 1928
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55413, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,900 (100%) |
| Owner Occupied HU | 2,427 (27.3%) |
| Renter Occupied HU | 5,696 (64.0%) |
| Vacant Housing Units | 777 ( 8.7%) |
| Median Home Value | $414,862 |
| Average Home Value | $485,616 |
Housing Distribution
Address Breakdown
Residential
8,225
Single Family
3,774
Multi-Family
4,451
Businesses
1,197
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Listed by: Lenny Frolov • Resource Realty Group, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6786097