885 70th Ave NBrooklyn CenterMN55430
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
Investment Highlights
Investment property for sale in Brooklyn Center at 885 70th Ave N, Brooklyn Center, MN, 55430 offers a 9.55% rental yield on a $185,000 purchase with $1,472/mo rent. Total monthly income registers $1,472/mo, and a $905/mo payment leaves $317/mo available for distribution. Annual cash flow reaches $3,807/yr on $61,328 to close, and return on cash invested stands at 26.12% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 136.27% and total cumulative return in cash at $83,571. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,472/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55430, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,542 (100%) |
| Owner Occupied HU | 5,100 (59.7%) |
| Renter Occupied HU | 3,173 (37.1%) |
| Vacant Housing Units | 269 ( 3.1%) |
| Median Home Value | $289,186 |
| Average Home Value | $372,850 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
6,882
Multi-Family
1,758
Businesses
504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra D Johnson • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6762266