16105 37th Ave NPlymouthMN55446
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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 Plymouth at 16105 37th Ave N, Plymouth, MN, 55446 generates $3,857/mo in rent, after a $4,405/mo payment. Total monthly income is $3,857/mo. Return on cash invested sits at 12.92% in year one, and rental yield is 5.14% on a $900,000 entry. Equity gained on principal adds $5,808/yr, while 5% annual appreciation builds toward $248,653 over five years. Five-year ROI reaches 65.37% and total cumulative return in cash sums $193,560. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,857/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.32 Acres 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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