8865 Mississippi Blvd NW, Coon Rapids, MN, 55433 | $774/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Coon Rapids at 8865 Mississippi Blvd NW, Coon Rapids, MN, 55433 offers a 10.31% rental yield on a $329,900 purchase with $2,834/mo rent. Total monthly income registers $2,834/mo, and a $1,615/mo payment leaves $774/mo available for distribution. Annual cash flow reaches $9,284/yr on $109,362 to close, and return on cash invested stands at 28.4% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 148.44% and total cumulative return in cash at $162,339. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,834/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1961

10,018 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 55433, Minneapolis, MN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,906 (100%)
Owner Occupied HU	9,704 (65.1%)
Renter Occupied HU	4,830 (32.4%)
Vacant Housing Units	372 ( 2.5%)
Median Home Value	$330,802
Average Home Value	$345,487