17868 96th Ave 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 17868 96th Ave N, Maple Grove, MN, 55311 uses $106,047 cash to close to unlock $7,394/yr annual cash flow and $616/mo monthly cash flow. Total monthly income runs $2,614/mo, and a $1,566/mo payment keeps the spread at $616/mo. Purchase price stands at $319,900, and rental yield measures 9.81% with $2,614/mo rent. Return on cash invested shows 26.88% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 140.33% and total cumulative return in cash records $148,820. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,614/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Townhouse
Built in 2001
0.60 Acres 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: Todd M Bertelson • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6815614