16530 61st Ave NPlymouthMN55446
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 16530 61st Ave N, Plymouth, MN, 55446 in Plymouth: $5,405/mo in rent, $543/mo in net income, 8.36% gross yield, 1.55 DSCR, all at $775,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $214,367 in appreciation and $7,146/yr in principal paydown projects total cumulative return of $329,413.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.5% |
| Monthly Cash Flow | $543 | $850 |
City averages based on Plymouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,405 |
| Total Monthly Debt Service | $4,553 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2015
0.26 Acres lot
$N/A/sqft
$200 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2015
0.26 Acres lot
$N/A/sqft
$200 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices