17661 69th Pl NMaple GroveMN55311
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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 Grove at 17661 69th Pl N, Maple Grove, MN, 55311 uses $115,992 cash to close to unlock $6,896/yr annual cash flow and $575/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,713/mo payment keeps the spread at $575/mo. Purchase price stands at $349,900, and rental yield measures 9.47% with $2,760/mo rent. Return on cash invested shows 25.85% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 134.81% and total cumulative return in cash records $156,366. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
10,846 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55311, Osseo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,174 (100%) |
| Owner Occupied HU | 11,728 (82.7%) |
| Renter Occupied HU | 2,113 (14.9%) |
| Vacant Housing Units | 333 ( 2.3%) |
| Median Home Value | $529,294 |
| Average Home Value | $562,556 |
Housing Distribution
Address Breakdown
Residential
14,583
Single Family
13,508
Multi-Family
1,075
Businesses
526
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Listed by: Adam Darula • Pemberton RE
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6824556