Residence 9 Plan, The FletcherMinneapolisMN55410
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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 Residence 9 Plan, The Fletcher, Minneapolis, MN, 55410 listed at $1,773,879 pairs $5,278/mo rent with a $8,682/mo payment. Total monthly income runs $5,278/mo. Return on cash invested measures 8.26% in year one, and rental yield registers 3.57% at a $1,773,879 basis. Equity gained on principal adds $11,447/yr, and annual property appreciation at 5% supports $490,090 by year five. Five-year ROI tracks 40.37% and total cumulative return in cash totals $232,014. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,278/mo property income relative to a $8,682/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55410, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,967 (100%) |
| Owner Occupied HU | 6,507 (72.6%) |
| Renter Occupied HU | 2,035 (22.7%) |
| Vacant Housing Units | 425 ( 4.7%) |
| Median Home Value | $648,685 |
| Average Home Value | $731,009 |
Housing Distribution
Address Breakdown
Residential
8,869
Single Family
7,605
Multi-Family
1,264
Businesses
275
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Listed by: N/A • Highmark Builders
Mls Name: Highmark Builders
Mls ID: #N/A