Riley Plan, The Enclave at Vicksburg RidgeMinneapolisMN55446
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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
Rental property for sale in Minneapolis at Riley Plan, The Enclave at Vicksburg Ridge, Minneapolis, MN, 55446 priced at $916,729 converts $4,914/mo rent into after a $4,487/mo obligation. Total monthly income equals $4,914/mo. Return on cash invested prints 16.84% in year one, and rental yield reads 6.43% against a $916,729 entry. Equity gained on principal adds $5,916/yr, while 5% annual appreciation compiles into $253,275 by year five. Five-year ROI reaches 86.4% and total cumulative return in cash sums $260,588. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,914/mo property income covering a $4,487/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55446, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,069 (100%) |
| Owner Occupied HU | 8,465 (76.5%) |
| Renter Occupied HU | 2,206 (19.9%) |
| Vacant Housing Units | 398 ( 3.6%) |
| Median Home Value | $609,850 |
| Average Home Value | $626,088 |
Housing Distribution
Address Breakdown
Residential
11,409
Single Family
9,688
Multi-Family
1,721
Businesses
265
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Listed by: N/A • Stonegate Builders
Mls Name: Stonegate Builders
Mls ID: #N/A