7708 Zealand Ave NBrooklyn ParkMN55445
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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 Brooklyn Park at 7708 Zealand Ave N, Brooklyn Park, MN, 55445 generates $2,600/mo in rent and, after a $1,835/mo payment, leaves $259/mo in cash flow. Total monthly income is $2,600/mo, and annual cash flow is $3,105/yr on $124,313 invested. Return on cash invested sits at 22.41% in year one, and rental yield is 8.32% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 116.31% and total cumulative return in cash sums $144,591. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,600/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55445, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,694 (100%) |
| Owner Occupied HU | 3,543 (75.5%) |
| Renter Occupied HU | 1,004 (21.4%) |
| Vacant Housing Units | 147 ( 3.1%) |
| Median Home Value | $364,311 |
| Average Home Value | $424,820 |
Housing Distribution
Address Breakdown
Residential
4,704
Single Family
4,066
Multi-Family
638
Businesses
411
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Listed by: Michelle Haarstad • LPT Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7000106