8433 Yates Ave N #6MinneapolisMN55443
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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 Minneapolis at 8433 Yates Ave N #6, Minneapolis, MN, 55443 offers a 8.65% rental yield on a $230,000 purchase with $1,658/mo rent. Total monthly income registers $1,658/mo, and a $1,126/mo payment leaves $222/mo available for distribution. Annual cash flow reaches $2,658/yr on $76,245 to close, and return on cash invested stands at 23.4% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 121.64% and total cumulative return in cash at $92,743. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,658/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
2,613 sqft lot
$N/A/sqft
No HOA
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Listed by: Barbara C Gerdes • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7011576