15950 Fair Meadows LnMaple GroveMN55369
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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 Maple Grove at 15950 Fair Meadows Ln, Maple Grove, MN, 55369 generates $3,905/mo in rent, after a $3,225/mo payment. Total monthly income is $3,905/mo. Return on cash invested sits at 18.9% in year one, and rental yield is 7.11% on a $659,000 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation builds toward $182,070 over five years. Five-year ROI reaches 97.48% and total cumulative return in cash sums $211,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,905/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55369, Osseo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,164 (100%) |
| Owner Occupied HU | 12,491 (68.8%) |
| Renter Occupied HU | 4,863 (26.8%) |
| Vacant Housing Units | 810 ( 4.5%) |
| Median Home Value | $405,220 |
| Average Home Value | $461,438 |
Housing Distribution
Address Breakdown
Residential
17,839
Single Family
13,985
Multi-Family
3,854
Businesses
1,528
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Listed by: Jennifer D Lundquist • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7005650