1635 Delano AveMaple PlainMN55359
Nearby investment properties with comparable rents
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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 Plain at 1635 Delano Ave, Maple Plain, MN, 55359 listed at $298,000 pairs $1,674/mo rent with a $1,459/mo payment. Total monthly income runs $1,674/mo. Return on cash invested measures 17.63% in year one, and rental yield registers 6.74% at a $298,000 basis. Equity gained on principal adds $1,923/yr, and annual property appreciation at 5% supports $82,332 by year five. Five-year ROI tracks 90.72% and total cumulative return in cash totals $89,624. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,674/mo property income relative to a $1,459/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55359, Maple Plain, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,574 (100%) |
| Owner Occupied HU | 2,079 (80.8%) |
| Renter Occupied HU | 376 (14.6%) |
| Vacant Housing Units | 119 ( 4.6%) |
| Median Home Value | $676,511 |
| Average Home Value | $761,520 |
Housing Distribution
Address Breakdown
Residential
2,524
Single Family
2,240
Multi-Family
284
Businesses
220
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Listed by: Jeff P Stedman • Keller Williams Premier Realty Lake Minnetonka
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6646713