13983 62nd Ave NMaple GroveMN55311
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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 Maple Grove at 13983 62nd Ave N, Maple Grove, MN, 55311 listed at $374,900 pairs $2,969/mo rent with a $1,835/mo payment to leave $628/mo cash flow. Total monthly income runs $2,969/mo, and annual cash flow reaches $7,535/yr on $124,279 cash to close. Return on cash invested measures 25.97% in year one, and rental yield registers 9.5% at a $374,900 basis. Equity gained on principal adds $2,419/yr, and annual property appreciation at 5% supports $103,578 by year five. Five-year ROI tracks 135.42% and total cumulative return in cash totals $168,295. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,969/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55311, Osseo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,174 (100%) |
| Owner Occupied HU | 11,728 (82.7%) |
| Renter Occupied HU | 2,113 (14.9%) |
| Vacant Housing Units | 333 ( 2.3%) |
| Median Home Value | $529,294 |
| Average Home Value | $562,556 |
Housing Distribution
Address Breakdown
Residential
14,583
Single Family
13,508
Multi-Family
1,075
Businesses
526
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Listed by: Daniel E Basil • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6794082