7447 W Cir NE #K447MinneapolisMN55432
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 7447 W Cir NE #K447, Minneapolis, MN, 55432 in Minneapolis: $1,620/mo in rent, $415/mo in net income, 10.08% gross yield, 1.87 DSCR, all at $192,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $53,295 in appreciation and $1,777/yr in principal paydown projects total cumulative return of $99,967.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 4.8% |
| Monthly Cash Flow | $415 | $850 |
City averages based on Minneapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,620 |
| Total Monthly Debt Service | $1,128 |
| DSCR Ratio | 1.44x |
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 N/A
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 N/A
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
Listed by: N/A • N/A
Mls Name: My State MLS
Mls ID: #11664046