Rockford Road & Holly Ln #W70E4HMinneapolisMN55446
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 Minneapolis at Rockford Road & Holly Ln #W70E4H, Minneapolis, MN, 55446 offers a 5.5% rental yield on a $1,452,600 purchase with $6,654/mo rent. 07% in year one. Equity gained on principal adds $9,373/yr while 5% annual appreciation supports $401,327 over five years. Portfolio math shows five-year ROI at 71.54% and total cumulative return in cash at $336,682. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,654/mo property income against a $7,110/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
$55 monthly 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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