8357 Jersey 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
Investment property for sale in Brooklyn Park at 8357 Jersey Ave N, Brooklyn Park, MN, 55445 earns $242/mo cash flow from $2,272/mo rent with a $1,591/mo payment. Total monthly income totals $2,272/mo, and annual cash flow totals $2,907/yr on $107,738 capital. ROI tracks 22.61% on current figures, and rental yield reads 8.39% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 117.42% and total cumulative return in cash sums $126,505. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,272/mo property income instead of your personal income.
Single Family
Built in 1978
9,583 sqft 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: Jarrod L Peterson • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6823077