7418 Taylor St NE #E418MinneapolisMN55432
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7418 Taylor St NE #E418, Minneapolis, MN, 55432 in Minneapolis speaks for itself: 24.61% gross on a $122,900 price, generating $2,520/mo in rent and $1,753/mo in net income after the $553/mo debt service. DSCR 4.56, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $21,031 stacks alongside $33,955 in projected five-year appreciation and $1,132/yr in principal reduction. Projected total cumulative return: $159,433.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 24.6% | 4.8% |
| Monthly Cash Flow | $1,753 | $850 |
City averages based on Minneapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,520 |
| Total Monthly Debt Service | $719 |
| DSCR Ratio | 3.51x |
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.
Manufactured
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55432, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,131 (100%) |
| Owner Occupied HU | 8,278 (58.6%) |
| Renter Occupied HU | 5,439 (38.5%) |
| Vacant Housing Units | 414 ( 2.9%) |
| Median Home Value | $337,021 |
| Average Home Value | $345,828 |
Housing Distribution
Address Breakdown
Residential
13,926
Single Family
9,630
Multi-Family
4,296
Businesses
994
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
Manufactured
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55432, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,131 (100%) |
| Owner Occupied HU | 8,278 (58.6%) |
| Renter Occupied HU | 5,439 (38.5%) |
| Vacant Housing Units | 414 ( 2.9%) |
| Median Home Value | $337,021 |
| Average Home Value | $345,828 |
Housing Distribution
Address Breakdown
Residential
13,926
Single Family
9,630
Multi-Family
4,296
Businesses
994
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices