15800 16th Ave NPlymouthMN55447
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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 Plymouth at 15800 16th Ave N, Plymouth, MN, 55447 earns from $2,339/mo rent with a $1,892/mo payment. Total monthly income totals $2,339/mo. ROI tracks 19.21% on current figures, and rental yield reads 7.26% at a $386,600 purchase. Equity gained on principal adds $2,495/yr, and 5% annual appreciation supports $106,810 over five years. Five-year ROI reaches 99.18% and total cumulative return in cash sums $127,113. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,339/mo property income instead of your personal income.
Townhouse
Built in 1989
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55447, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,816 (100%) |
| Owner Occupied HU | 6,054 (68.7%) |
| Renter Occupied HU | 2,428 (27.5%) |
| Vacant Housing Units | 334 ( 3.8%) |
| Median Home Value | $519,618 |
| Average Home Value | $571,537 |
Housing Distribution
Address Breakdown
Residential
8,844
Single Family
7,068
Multi-Family
1,776
Businesses
785
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